Category: Financial Services
Want to know the real reasons why firms suffer disastrous cyber breaches?
No, this is not an article about technology. It’s a high-level summary of the underlying circumstances which, in our experience, allow cyber attacks to succeed....
Why cyber insurance cannot fulfil the role of your financial services firm’s cyber risk management.
Understanding the distinction between cyber insurance and cyber risk management is crucial for the finance sector. Cyber insurance won't stop a cyberattack or breach, nor...
Ransomware attacks are coming. Is your financial services firm ready?
Ransomware attacks can debilitate a firm’s operations, destroy its credibility, and drain its financial resources. Cybercrime costs firms and individuals billions of pounds each year,...
A guide to email security for financial services firms
The most vulnerable part of your firm’s IT infrastructure is not the servers and databases but your email platform. It can be used to gain...
Confusing IT Support With Cyber Risk Management Has Cost Many Organisations Dearly. Here’s Why the Two Are Not the Same.
The battle against cybercrime is constantly evolving, with defences having to keep up with increasingly sophisticated attack methods. Cybercriminals frequently target financial services and wealth...
Human error is the greatest cybersecurity risk to financial services firms. It needn’t be.
In 2020 alone, UK financial firms spent an estimated £95b on digital technology. Criminals have taken note--with greater investment in technology comes a greater risk...
Protecting Financial Service firms from cybercriminals: Your action plan for 2022 Q3 and Q4
This year has already seen millions of cyberattacks. Thousands of firms in the financial services sector have fallen victim to scams and have been damaged...
A deep dive into how cyber-attacks affect financial services firms
In this article, we interview Kerrie Machin, a partner at Mitigo Cybersecurity. Kerrie’s 20 years’ experience of working with financial services firms enables him to...
DO YOU KNOW YOUR ‘PHISHING’ FROM A ‘FIREWALL’?
Don’t worry, you are not alone. Phraseology in and around cyber security is notoriously user-unfriendly. Our cyber security guide will help you make sense of it all.