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Cybersecurity in Finance for 2022

Fintech and the financial industry haven’t been saved from the increase in cybersecurity threats. With a high priority on protecting massive amounts of client data and rapidly evolving technology, financial institutions are charged with strong risk mitigation, increasing security for cloud systems, and identifying vulnerabilities to protect against cyberattacks. 

Today, we’re discussing topics that every CISO in the fintech and financial industries should be considering in 2022.

Understand the increased complexities of cybersecurity. Financial institutions are not new to cybersecurity defense. With sensitive data and increased areas of vulnerability through new services, these enterprise organizations invest in IT and infrastructure to keep up with growing demand for accessibility and speed from consumers. 

Even before the pandemic, financial institutions saw big shifts toward online transactions and spending, as well as expanded product offerings. It’s vital for financial institutions and vendors to protect sensitive data, as well as identify potential fraudulent activity, as they face rapid growth and expansion. 

As banks and financial enterprise organizations change and develop consumer channels or products, protection from potential data breaches or hacks must be considered. Cybersecurity firms, including InfoSystems, guide clients to ensure compliance and minimize vulnerabilities with product expansion and growth. InfoSystems understands the latest risks and establishes protocols and controls to mitigate risk.

Consider cybersecurity needs with necessary IT upgrades. As technology within an enterprise grows, so must an investment in cybersecurity. CISOs at these organizations are tasked with championing necessary tools to prevent hacks or attacks at every level, from an employee’s device when working remotely to network and cloud-level security. Budgeting for cybersecurity needs becomes a greater consideration for many financial organizations. Process automation may be a consideration for streamlined efficiency and cost reduction.

Appropriate infrastructure and a plan for growth can ensure safety at every stage. InfoSystems delivers depth of experience in IT optimization, modernizing existing assets and embedding secure tools so businesses can adapt. Similarly, InfoSystems delivers tools to strengthen enterprise infrastructure to keep data safe and enable enterprise growth.

Protect critical assets. During the pandemic, the workforce abruptly shifted to remote work environments, a move that introduced new vulnerabilities and potential for attacks. CISOs are charged with assessing potential vulnerabilities in the network and at-home devices, as well as educating employees on the safest practices for optimal cybersecurity hygiene. This remains mission critical in the financial industry — how does an organization prevent phishing attacks? What is the strategy when faced with potential ransomware attacks

As a true partner, InfoSystems demonstrates successful training programs to educate employees about potential risks, the threat of phishing attacks, and best practices to prevent a data breach. 

Move Forward with Confidence

As a firm of cybersecurity experts, InfoSystems can inform enterprise strategy and demonstrate potential for efficiencies and improvements in technology for increased productivity and optimal security. Gain insight into current threats and security risks, see potential vulnerabilities for a breach, and build on existing protocols and programs for bolstering cybersecurity across the enterprise. 

InfoSystems is poised to serve as a trusted extension of a financial enterprise with the most appropriate assessments and guidance, as well as recommendations for enterprise-wide security. Protect your company’s most valuable assets — from employees to sensitive data and networks — with support from InfoSystems.

Ready to learn more? Contact InfoSystems today to protect your business. 

About InfoSystems

For over 25 years, InfoSystems has provided reliable IT solutions to build and maintain strong and secure systems for both SMB and enterprise organizations. Headquartered in Chattanooga, TN, our trusted team of experts specialize in traditional infrastructure, IT optimization and cybersecurity services, as well as next gen solutions such as hybrid cloud and automation, from partners such as IBM, Red Hat, Dell Technologies, Microsoft and VMware.

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