Finance

From client information to banking records to proprietary research and trading algorithms, the valuable information held by financial institutions is always at danger of being attacked by cybercriminals. 

Overview

Cyber Security in Finance

The attraction of ongoing transactions has left financial services as a prime target for some of the most destructive hackers.

With developments in fraud technologies, it is becoming obvious that cybercriminals are shifting their attention away from the “easy pickings” of customers and towards the more difficult but rewarding targets given by service providers directly.

As a leader at a bank, hedge fund, wealth management business, or private equity firm, you understand the value of cyber resilience and securing the sensitive data your company possesses.

But how can you balance the requirement to modernise IT systems and promote business objectives while mitigating information security risks? 

CHALLENGES

Do these challenges sound familiar?

Protecting sensitive personal and financial information

Defending the expanding network infrastructure

Achieving a balance between cyber security and system accessibility

Complying with APRA CPS 234 other mandatory data security standards

Safely mitigating the rise in cyber breaches and DDoS attacks

Detecting and responding to security flaws

$
0
m
AVERAGE COST OF A DATA BREACH IN AUSTRALIA
0
%
OF BREACHES IN FINANCE SECTOR ARE CAUSED BY HUMAN ERROR
0
%
INCREASE IN CYBERATTACKS ON THE FINANCE SECTOR SINCE 2020

KEY QUESTIONS

Key security questions for finance providers

COMPLIANCE

Cyber security compliance in the finance industry

During the COVID-19 outbreak, financial institutions were at the forefront of cyber risk response. Their already high exposure to cyber risk has been exacerbated by a shift towards increased working from home (WFH) and other operational difficulties.

We can assist you in enhancing your data and information security to the degree required to comply with APRA CPS 234PCI DSS and other security requirements. 

Need advice about compliance in finance?

BUILD YOUR DEFENCES

Gridware's Preventative Services

Penetration Testing

Rapidly and efficiently determine the extent to which your network and assets can defend against cyber threats by testing them against common exploits and vulnerabilities.

Network Security Penetration Testing

A form of ethical hacking that aims to validate or invalidate the efficiency of defensive network controls and determine what needs to be done to bolster them.

PCI DSS Penetration Test

Regular assessment of your organisation’s systems and processes is among the key controls mandated by the Payment Card Industry Data Security Standard (PCI DSS) to protect cardholder data.

Cyber Awareness Training

Gridware conducts information security training and workshops at your business. We provide in-house training seminars for your staff to educate on phishing prevention, social engineering and best practice cyber procedures.

Cloud Security Audit

Gridware will support the improvement of your cloud network monitoring capabilities to the level needed to detect and respond to cyber threats that target cloud infrastructure, services, and applications.

Risk Audit

Our team of cyber security consultants will perform a cyber risk assessment that will identify gaps in your existing policies and procedures, and provide detailed observations and remediation plans to help achieve your most ideal state of security.

IN THE EVENT OF A BREACH

Gridware's Protective Services

Ransomware Data Recovery

In the event you are subject to ransomware, Gridware’s incident response consultants in can be logged in remotely within minutes to implement our proprietary incident response methodology.

Data Breach Investigation

Gridware will immediately assess the extent of the breach, the severity of the incident, the likely impact it will have on the business, and support your organisation through the remediation activities.

How we helped leading finance provider Astute Wheel

WHAT OUR CUSTOMERS SAY

"Having worked with Gridware for a number of years, we trust them to advise us on our security posture. Their recommendations are critical to defending us against cyber attacks."
Mark Knowlton
CTO, Openwork
"Gridware has been instrumental in building our cybersecurity and ISO procedures. Their rapid response and proactive service is critical to Trendspek's cyber strategy."
Mitchell Deam
Director, Trendspek
"Gridware has been a valuable asset to our team, providing us with the insights we need to stay ahead of emerging threats."

James Murray
Managing Director, Nikon Australia

ABOUT US

Why choose Gridware?

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Contact

Sydney Offices
Level 12, Suite 6
189 Kent Street
Sydney NSW 2000
1300 211 235

Melbourne Offices
Level 13, 114 William Street
Melbourne, VIC 3000
1300 211 235

Perth Offices
Level 32, 152 St Georges Terrace
Perth WA 6000
1300 211 235

Emergency Assistance

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