Cyber safe business practices in financial services
Navigating the ever-increasing threat of cyberattacks and data breaches
The growing threat of cybercrime is of the utmost concern for AFSL holders and financial services businesses – mortgage brokers, accountants, financial advisers – which are routinely entrusted with critical and sensitive personal and financial data. In an increasingly digital world, cyber threats are sharply magnified – and with plenty of data ripe for the picking in the financial services sector, cybercriminals are constantly searching out genius ways to breach all but the most robust of defences. In this guide, we provide you with the red flags you need to look out for: outdated business processes, legacy IT, and insufficient in-house cybersecurity knowledge. In this white paper, we outline hacks, attacks and breaches as well as preventative strategies and solutions for businesses in the financial services sector.