FINANCE
CYBERSECURITY
Cybersecurity for Finance
No one expects to have a data breach. But every finance company that has one immediately says, “I wish we’d done more to protect ourselves.”
The finance industry safeguards an incredible amount of valuable, private information. Hostile actors are constantly searching for vulnerabilities to exploit in banks, insurance companies, investment firms, and other financial institutions. There are thousands of dynamic threats, and protecting your assets takes a trusted partner.
Contextual Security has the experience to help financial players of all sizes prevent costly data exposure and meet regulatory demands.
Finance Cybersecurity Consulting
We offer a range of solutions to find gaps and mitigate danger. Our finance cybersecurity consulting services include:
- Internal and external penetration testing
- Gap analysis
- Web assessment
- Firewall circumvention testing
- Social engineering trials
- Wireless network integrity
- Security architecture review
- Secure network design and testing
- Incident response
Financial organizations are some of the most heavily regulated business entities because of the nature of their operations, the sensitivity of their data, and their impact on our economy. Failure to adequately protect the assets that power the financial industry holds grave consequences, including fines, cease and desist orders, and even personal liabilities. Security breakdowns stir up unwanted attention from customers, competitors, and examiners. Contextual Security’s experts protect your assets and your reputation.
Payment Card Industry (PCI) Standards in Finance
As a Qualified Security Assessor Company (QSAC) approved by the PCI Security Standards Council, Contextual Security tests your payment card security. We will identify any risks and certify your PCI compliance. We will also work with you to develop systems and procedures to maintain your security program on an ongoing basis.
Experian Independent Third Party Assessment (EI3PA)
EI3PA verifies that your system is secure enough to host Experian’s private credit information. Experian has vigorous protection standards. Our experts are certified to perform Level 1 EI3PA audits and deliver Reports on Compliance (ROC).
Bottom-Line Benefits for Finance
Financial companies lose an average of $221 for each stolen credit card record. Compared to those in other industries, finance customers are the most likely to abandon companies that have data breaches. Put another way, finance has the highest abnormal churn rate of any industry.* For these reasons, investing in aggressive cybersecurity is crucial.
It’s too risky to allow employee attrition or division reorganization to disrupt a firm’s security posture. Finance companies need consistent access to senior cybersecurity specialists. Contextual Security keeps experts right where they’re needed to provide uninterrupted, independent protection.
*2016 Cost of Data Breach Study: Global Analysis, Ponemon Institute, June 2016