# Category: Financial Services

#### [Want to know the real reasons why firms suffer disastrous cyber breaches?](/content/want-to-know-the-real-reasons-why-firms-suffer-disastrous-cyber-breaches/index.html)

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.](/content/why-cyber-insurance-is-not-a-substitute-for-cyber-risk-management/index.html)

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?](/content/ransomware-attacks-are-coming-is-your-financial-services-firm-ready/index.html)

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](/content/a-guide-to-email-security-for-financial-services-firms/index.html)

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.](/content/confusing-it-support-with-cyber-risk-management-has-cost-many-organisations-dearly-heres-why-the-two-are-not-the-same/index.html)

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.](/content/human-error-is-the-greatest-cybersecurity-risk-to-financial-services-firms-it-neednt-be/index.html)

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](/content/protecting-financial-service-firms-from-cybercriminals-your-action-plan-for-2022-q3-and-q4/index.html)

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](/content/a-deep-dive-into-how-cyber-attacks-affect-financial-services-firms/index.html)

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](/content/cyber-security-explained/index.html) will help you make sense of it all.