Securing the Cloud for Financial Services

Securing the Cloud for Financial Services

More than 60% of global financial institutions with at least $5 billion in assets were hit with a cyberattack in 2022. Banks have seen a 238% surge in cyberattacks since the start of the COVID-19 pandemic. The key amongst these trends is securing the cloud.

Financial services enterprises continue to leverage the cloud to support online banking, ATM transactions, analytics, and remote workforce collaboration. As they modernize, they face challenges moving legacy apps across hybrid cloud and multi-cloud environments. They know that any hole in their security profile can result in costly data breaches. At the same time, financial organizations understand they must modernize to deliver the new digital services that customers demand.




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