The biggest security challenge financial organizations face today is people. Whether it’s employees, privileged users, or third parties, insiders introduce risk to your organization because they must be given access to critical applications, systems, and data to do their jobs effectively.
It’s vital to understand your insider threat risk as a financial institution, so that you can defend yourself. ObserveIT helps financial services companies identify and eliminate insider threat risk by focusing on user activity. With complete visibility into all activity on your network, you can not only catch and stop insider threats, but meet and surpass all compliance and regulatory requirements with ease.
24% of all breaches are targeted at financial institutions, making finance the largest target of any industry.
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The Insider Threat at Financial Institutions
No industry experiences a higher volume of online attacks than financial services, and more than half of those attacks (58%) come from insiders. So it’s never been more important to understand and protect against insider threats at your organization.
Learn about insider threat from the experts
Reading Time: 7 minutes In today’s financial world, banks are relying on countless financial applications to help manage important tasks. Wealth Management, Trading, Revenue Management, Investor Accounting, along with many other business needs are consistently being improved by operating them through financial applications. However, now that these apps are containing vast amounts of customer and company data, organizations are […]