Financial Services Companies Lack Trusted Data to Make Cybersecurity Decisions

May 19, 2020

The Panaseer Team

Senior security leaders within financial services companies are being challenged with a lack of trusted data to make effective security decisions and reduce their risk from cyber, according to Panaseer’s 2020 Financial Services Security Metrics Report.

Results from a global external survey of over 400 security leaders* that work in large financial services companies reveal concerns on security measurement and metrics that include data confidence, manual processes, resource wastage and request overload.

The results demonstrate myriad issues with the processes, people and technologies required to have a full understanding of the organization’s cyber posture and the preventative measures required to stop a security control failure from becoming a security incident.

You can read the full article by Security Magazine here.