Keeping financial institutions safe in 2018


There are several trends that financial institutions should keep an eye on in 2018 to help keep them safe. First, data; research indicates that there will be more data in circulation in the next 6 months than ever before. Companies need to learn how to leverage this properly. Second, companies need to create ecosystems where systems are "talking" to one-another and avoiding isolated silo structures. Third, big scale cases are being detected, however, the small scale vulnerabilities are really adding up and creating significant pain points for companies. Finally, carriers need to focus on the onboarding and point of sale as this is a critical area for risk management. If financial institutions focus on these four areas, they will experience a safer 2018!

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