Why cybersecurity can be challenging for financial firms?
There are several reasons why cybersecurity can be challenging for financial firms:
High value targets: Financial firms are often high-value targets for cybercriminals. These firms hold sensitive financial information, which, if compromised, could lead to significant financial losses and damage to the reputation of the firm.
Constantly evolving threats: Cybersecurity threats are constantly evolving, and attackers are constantly finding new ways to bypass security measures. Financial firms must be proactive in their approach to cybersecurity, staying up-to-date with the latest threats and security technologies to stay ahead of potential a...