Beware The Evolving Beast: Cybersecurity In Financial Services

With research suggesting that even in 2019, many companies have unprotected data and operate poor cybersecurity practices, Executive Director Charlotte Cruickshank examines the trends emphasising the importance of choosing a financial services provider that budgets, safeguards and educates staff against the latest threats.

As tech continues to evolve, so does the sophistication of cybercrime. In recent years, the actions of cybercriminals have intensified and the scale of their operations has been thrust into the media spotlight. Methods have changed too; cybercriminals do not solely seek financial gain anymore, but look to cause disruption, destroy data and in many cases, ruin reputations - somewhat unsurprising when you consider that the average age of a cybercriminal is 17.