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Mar

02

Why cybersecurity can be challenging for financial firms?

managed services, cybersecurity, PCI DSS, Accounting , financial, GDPR

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...

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