Infosys – Banking financial services and insurance industry

Infosys – Banking financial services and insurance industry

The survey was aimed at understanding the cybersecurity initiatives for Banking, Financial services and Insurance companies. Some interesting findings are:

• 69% in the BFSI industry have a well-defined enterprise-wide strategy/roadmap implemented
• With cyber threats and attacks on the rise, respondents viewed hackers and hacktivists (83%), low awareness among employees (76%), corporate espionage (75%) and insider threats (75%) as the top concerns
• BFSI enterprises undergo multiple challenges as they establish a cybersecurity defense. The top three are building a cybersecurity aware culture (66%), embedding security into enterprise IT architecture (65%) and keeping pace with fast-changing cybersecurity technologies (63%)
• BFSI enterprises rely on methods such as training and certifications (62%), workshop and enablement sessions (57%), and integrated security solutions (57%) to overcome the existing challenges
• The BFSI industry has security incident management (72%), security awareness training (71%), risk and compliance (70%) as the top security solutions implemented today