Cybersecurity: It's Time for a New Approach

Key takeaways from this whitepaper:What tools financial institutions can

utilize in their cybersecurity arsenalHow financial institutions can know

their data is secure and get rid of the biggest cybersecurity threats

The Importance of Governance and Risk Management

Gathering Critical Threat Intelligence

THE IMPORTANCE OF GOVERNANCE AND RISK MANAGEMENTWhile many security firms sell targeted solutions, there is no one helping FIs connect the securityrelated dots between risk management, IT systems, and Big Data. The proliferation of advanced security tools requires new and improved forms of management.

TOO MANY TOOLS, NOT ENOUGH CONTROL The limited number of

qualified candidates coupled with flat or declining personnel budgets means that FIs must generate internal efficiencies in how they use cybersecurity related-technology.

GATHERING CRITICAL THREAT INTELLIGENCEDefenseStorm bridges the gap between creation of an alert and the remediation of suspicious activity by closely linking an FI’s cybersecurity policies with the numerous cybersecurity systems it employs throughout the enterprise.

CONCLUSIONWith the addition of each new cybersecurity tool, FIs run the risk of overburdening their security department with an increasingly disconnected portfolio of labor intensive solutions.

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