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    • Solutions
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  • Finance
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  • Human Resources
    • HR Solutions
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  • IT Infra
    • App Management Solutions
    • Best Practices
    • Datacenter Solutions
    • Infra Solutions
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BloxOne™ Threat Defense for Banking and Financial Services

BloxOne™ Threat Defense for Banking and Financial Services

Infoblox
Published by: Research Desk Released: Jul 28, 2020

The banking and financial services industry has almost always been one of the top three targets for cybercriminals. In 2019 the financial services industry remained the most targeted sector in the United States and in many other countries around the world. It has been estimated that financial institutions may lose between $100 to $300 billion annually from cyberattack activity.

Cybercriminals targeted financial institutions to breach and defraud a variety of financial systems to include those for card processing, interbank transfers, electronic banking systems, and automated teller machine (ATM) networks.

Financial services customer data is highly prized by cybercriminals and they remain relentless in their efforts to acquire it. Sensitive information can be used to breach other networks, create fake identities, and further compromise both enterprise and consumers.

Explore the case study!