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Oct 05, 2020 (AmericaNewsHour) —
This cyber security market report focuses on the U.S. financial services demand side of cyber security products, systems & services. It is based on hundreds of interviews with financial institutions’ cyber security customers, CEOs, CISOs and CIOs as well as cyber security industry executives and world-class experts.
The surge and sophistication of “successful” cyber crimes against the U.S. financial services enterprises, major retail chains, and banks during 2013-2015, when over 600 million customers’ bank records and payment cards were compromised, shook the board rooms of the U.S. financial institutions.
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Considering the economic and business implications of cyber attacks, it has now become mandatory for the financial industry to significantly increase its investments in state-of-the-art cyber security technologies, solutions, and outsourced services to detect, prevent, analyze