Financial Executives Are Out Of Touch With Cyber Threats

Here at Cyber Security Intelligence  we have spoken to a number of senior financial executives, who want to remain anonymous, who say that most organisations have not engaged and bought into many of the advanced AI and Machine Learning technologies that would really assist their organisation going forward. 

Less that 40% of organisations have taken time and finance to engage with the new cyber realities.

There is a lot of talk about a financial crisis and a global recession coming in 2019. However, for these possible events there is more confidence from senior financial and banking executives than you would expect. Yet the effects of Brexit on the EU combined with a renewal of the US government shutdown have all brought more uncertainty to the financial marketplace. 

The current calm and confidence with financial executives is on the wrong foot and out of step from the current uses of cyber-attacks and social undermining that is promoting fraud. 

The current cyber security systems are still out of touch with the electronic reality. There have been a number of recent reports showing that banking and financial managers are behind in their understanding, credible use and investment in cyber security. 

If you would like more understanding and a brief review of your own organisation please contact Cyber Security Intelligence. HERE

 Image: Nick Youngson

You Might Also Read:   

How Companies Can Minimise Cyber Attack Damage:

« How Blockchain Technology Can Improve US Infrastructure
Denmark's Maritime Cybersecurity Plan Highlights Financial Threats »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

Alvacomm

Alvacomm

Alvacomm offers holistic VIP cybersecurity services, providing comprehensive protection against cyber threats. Our solutions include risk assessment, threat detection, incident response.

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

Directory of Cyber Security Suppliers

Directory of Cyber Security Suppliers

Our Supplier Directory lists 7,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

RoboForm

RoboForm

RoboForm's industry-leading encryption technology securely stores your passwords, with one Master Password serving as your encryption key.

Swivel Secure

Swivel Secure

Swivel Secure is an award winning provider of multi-factor authentication solutions.

Howden Broking Group

Howden Broking Group

Howden provides a range of specialist insurance solutions to clients around the world including Cyber Liability insurance.

NTOP

NTOP

NTOP develop high-quality network traffic analysis and DDoS protection software used by small individuals as well by large telecom operators.

Specops Software

Specops Software

Specops Software is a leading password management and authentication solution vendor.

CyberRisk Alliance (CRA)

CyberRisk Alliance (CRA)

CyberRisk Alliance is a business intelligence company created to serve the rapidly evolving cybersecurity and information risk management marketplace.

Rocky Mountain Cybersecurity

Rocky Mountain Cybersecurity

Rocky Mountain Cybersecurity's mission is to provide value by dramatically improving the cybersecurity posture of our clients and business partners.

TokenEx

TokenEx

TokenEx Cloud Security Platform protects sensitive data to strengthen our clients' security postures while future-proofing their operations.

European Data Protection Supervisor (EDPS)

European Data Protection Supervisor (EDPS)

The EDPS is the European Union’s independent data protection authority. We monitor and ensure the protection of personal data and privacy when EU institutions and bodies process personal information.

CYGNVS

CYGNVS

CYGNVS is a guided cyber crisis response platform providing anytime, anyplace access. A SaaS platform for cyber crisis management – a safe way to connect and control your response.

Theos Cyber Solutions

Theos Cyber Solutions

Theos Cyber provides service-first cybersecurity solutions to digital businesses in Asia.

Sonet.io

Sonet.io

Sonet.io is built for IT leaders that want a great experience for their remote workers, while enhancing security and observability.

US Department of State - Bureau of Cyberspace & Digital Policy

US Department of State - Bureau of Cyberspace & Digital Policy

The Bureau of Cyberspace and Digital Policy leads and coordinates the Department’s work on cyberspace and digital diplomacy to encourage responsible state behavior in cyberspace.

SecureWeb3

SecureWeb3

SecureWeb3 helps businesses and brands to secure their Web3 presence by offering a full suite of security services including training, consultancy & brand protection solutions.

Treacle Technologies

Treacle Technologies

Treacle Technologies are a Cyber Security startup with a focus on Defensive Security.

Bytium

Bytium

Bytium provides top-tier IT services and solutions designed to empower everyone, from individuals to global corporations. Specializing in cybersecurity and proactive IT management.