Financial services organizations are under constant threat of cyberattack by bad actors motivated by monetary gain, access to sensitive information, or the furtherance of political instability. Whether it’s preventing data breaches, monitoring for advanced attacks that circumvent security measures, or identifying misconfigurations in their SaaS applications, these institutions need to monitor multiple threat vectors as they’re held to a higher standard of privacy and regulatory security.

In their research on cybersecurity in the financial services industry, Osterman Research explores both emerging and enduring challenges while detailing the types of attacks perpetrated against these organizations. This paper examines how cybersecurity solutions address these problems in different ways, which options are most effective, and the best practices that businesses should adopt when building their strategies.