How Can Financial Institutions Protect Themselves from Cyberattacks?

Protect boards and leadership teams: Replace unencrypted tools such as personal emails with robust, encrypted tools for communication and collaboration

Manage cybersecurity as a business issue in the boardroom: Address it from a strategic business angle, rather than as an isolated IT issue.

Build board expertise: Identify gaps in board composition to ensure it has the required expertise to deal with contemporary cybersecurity threats.

Benchmark the organization against peers: Identify opportunities to improve cybersecurity measures and processes.

Replace legacy tools: Adopt new models like cybersecurity dashboards and intuitive cybersecurity scores that leverage machine learning to provide powerful and actionable insights.

Provide boards and leadership with real-time cybersecurity oversight: Enhance oversight by putting better data in the hands of the board and leadership including visibility across the vendor and supply-chain ecosystem.