Secure Your Financial Organization

Cybersecurity Solutions For Finance & Insurance

Our cybersecurity solutions help finance and insurance organizations protect their data, while helping them meet the requirements of various compliance standards and regulations.
PCI-DSS, SOC 2, ISO 27001, SOX, CCPA, GDPR, etc.

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FINANCE & INSURANCE INDUSTRY

Cybersecurity for the Finance & Insurance Industry

Finance and insurance are critical industries that are responsible for handling large amounts of sensitive data. This data can include everything from customer financial information to medical records. If this data were to fall into the wrong hands, it could be used to commit fraud or identity theft. As a result, cybersecurity is essential for organizations in this industry.

Our custom solutions help organizations in the finance & insurance industry secure their IT systems and applications against the modern cyber threats their industry is the most faced with, such as:

Data Breaches

The finance and insurance industry was the second most targeted by data breaches in 2021, with 1,023 incidents reported. The average cost of a data breach for this industry was $8.64 million.

Social Engineering

There were 4,382 reported phishing attacks in the finance and insurance industry in 2021. The average cost of a phishing attack in this industry increased by 28.6% to $1.6 million during that time.

Malware Attacks

Around 100 ransomware attacks were recorded in the finance and insurance industry in 2021. The average ransom amount paid by organizations was $4.4 million.

KEY CHALLENGES

Why the Finance & Insurance Industry Struggles With Cybersecurity

How We Help Finance & Insurance Stay Secure & Compliant

Vumetric’s world-class cybersecurity services help finance organizations comply with requirements and avoid costly fines.