Financial institutions can trade billions of dollars per day and handle sensitive data for millions of customers across the globe, which make them enormously attractive targets for cybercriminals. Their defenses must be top notch and ever evolving to keep up with this threat, but FIs' infrastructures are usually vast and complex, straddling old, legacy mainframes and cutting-edge, cloud-based applications that can create security gaps. Moreover, regulations mandate that some divisions within institutions are siloed from each other, which complicates communication and a coordinated defense against cyber criminals.
In this difficult security environment, a hyper focus on integration is critical. FIs should look to consolidate tools to fewer vendors so they have less to manage. Many are grappling to understand their security posture and vulnerabilities, how to efficiently manage cloud-based applications, and whether they should buy or build their own security solutions. In this podcast, experts in the field will tell stories from the trenches – the good, the bad, and the ugly when protecting some of the largest, most complex networks in banking.