Data Threat Report
Financial Services Edition
Financial services firms are typically ahead of other industries in cyber defense maturity due to their highly regulated nature, however, they are also valuable targets for cybercriminals and nation-state attackers. The 2022 Thales Data Threat Report Financial Services Edition summarizes the most important findings gathered from a survey of leaders and practitioners within financial services organizations in 17 countries and concludes with thoughts on reducing the risk of attacks such as ransomware and malware.
Analysis from 451 Research, part of S&P Global Market Intelligence, based on a survey with more than 120 security professionals from financial services organizations worldwide.
Awareness of changing risks is high among financial services organizations, but this hasn’t accelerated how organizations address them
of respondents expressed some level of concern about the security risks of employees working remotely
of respondents reported increases in the volume, severity and/or scope of cyberattacks in the past 12 months
of respondents identified malware as the most common cause of increased attacks
Encryption still #1 choice to protect data in the cloud
When asked what security technologies are prioritized to protect sensitive data in the cloud, 67% of respondents chose data-at-rest encryption.