Asymmetrical Security Threats of Banking in the Cloud
- Date:March 17, 2020
- Author(s):
- Krista Tedder
- Report Details: 20 pages, 7 graphics
- Research Topic(s):
- Fraud & Security
- Cybersecurity
- PAID CONTENT
Overview
This original report, sponsored by Booz Allen Hamilton, explores how geopolitical tensions affect financial institutions’ threat landscape, the state of cloud usage in financial services and what financial institutions need to do to prepare for a heightened threat scenario.
This research report was independently produced by Javelin Strategy & Research. Javelin Strategy & Research maintains complete independence in its data collection, findings, and analysis.
Methodology
To assess how financial institutions are migrating to the use of cloud services and modernizing their payments infrastructure and capabilities, Javelin fielded three surveys covering different areas of responsibility within the enterprise.
Sample includes:
- 300 banking decision-makers: Adoption of and concerns around cloud services, vendor selection considerations
- 300 payments decision-makers: Adoption of and concerns around payments modernization, issues around faster-payments initiatives, key risks facing payments initiatives
- 300 cybersecurity decision-makers: Use of outsourced security services, prevalence of breaches, type and location of data compromised, planned cybersecurity investment/initiatives
Download Whitepaper Form
Related content
Fake Deals, Real Trouble: Cyber Risks in Online Marketplaces
Online purchasing continues to flourish, as brick-and-mortar options have dwindled in a post-pandemic economy. Larger e-commerce brands, such as Amazon and eBay, are targeted by cy...
Social Security Administration Anti-Fraud Changes Are an Important Lesson for Financial Institutions
Financial institutions can learn much about what not to do from the recent anti-fraud changes at the Social Security Administration. When making procedural changes that directly af...
Leverage MITRE Frameworks for Effective Cyber Investment
Cyber defense strategies in 2025 will lean more heavily on open-source frameworks like MITRE ATT&CK and MITRE OCCULT as financial institutions align risk to investment prioritizati...
Make informed decisions in a digital financial world