While all businesses are at risk of falling victim to a cyber attack, financial organizations are a goldmine for hackers due to the sensitive data they store. In fact, many businesses have fallen victim to wire transfer scams costing them tens and hundreds of thousands. 

While a strong security strategy was enough in the past, it’s no longer sufficient as organizations need a successful incident response plan to easily recover once they’ve been breached.

Let’s first determine your risk by taking the quiz above and booking a discovery meeting with our technology consultant to discuss cybersecurity next steps for your financial organization…

Your financial organization could suffer a serious setback when they get hacked if:

☑️ Funds over $10,000.00 are sent via bank wire.

☑️ Personal Identifiable Information (PII) or Non Published Information (NPI) is sent over email or fax service.

Financial organizations should follow compliance and security best practices like:

☑️ Multi-factor authentication (MFA) required for all employees when accessing email through a website or cloud-based service.

☑️ Multi-factor authentication required for all remote network access and provided to employees, contractors, and 3rd party service providers

☑️ Non-approved file sync and share software applications are (Dropbox, Google Drive, One Drive, etc.) blacklisted on your network.

☑️ All work-from-home and mobile devices (laptops, smart phones, external hard drives, etc.) require data encryption.