1 year ago

The financial industry is no stranger to data breaches. This article explores how finance companies can prevent data breaches through robust security measures.

Data breaches can expose the following types of data: Financial data, including credit card and bank account numbers Social Security numbers Driver’s license details Other personal data, such as phone numbers and residential addresses Intellectual property Trade secrets Common data breach causes include: https://www.upguard.com/blog/data-leak-prevention-tips https://www.upguard.com/blog/network-security Software vulnerabilities https://www.upguard.com/blog/cloud-misconfiguration Physical theft, such as stolen laptops https://www.upguard.com/blog/prevent-third-party-data-breaches https://www.upguard.com/blog/data-breach-vs-data-leakWhy Finance Companies Must Secure Sensitive Data

https://www.upguard.com/blog/cybersecurity-regulations-financial-industry#toc-4The 2017 https://www.upguard.com/security-report/equifax data breach serves as a stark reminder of the consequences for companies that fail to secure customers’ financial data.