Cybersecurity as a challenge for the banking sector

Cybersecurity is one of the biggest current concerns for companies in the banking sector. As we wrote earlier in our blog, the banking sector is one of the three most vulnerable sectors to suffer a cyber attack.

The digitalization of this sector, driven by user needs, leads companies to quickly adapt their services to the digital world. But it is not only about adapting your services, but about adapting those services, offering a full security guarantee.

On this guarantee, it must be taken into account that the large amount of sensitive data that moves the sector, makes it one of the main objectives of cybercriminals.

Main challenges of the banking sector in cybersecurity

The vulnerability of the banking sector is due to the fact that most of the sensitive information of the users remains in the cloud and to the large amount of money that moves in it.

The cyber security specialist jobs that companies in the banking sector receive are the most sophisticated that we can find today, which is why we do not know the precedents of the vast majority of them. And not only are they targeting individuals, but in recent years, most attacks have been directed at SMEs and the banks themselves.

However, attacks such as spam, credit card fraud, phishing and various types of identity theft are a current challenge in the sector: