Rapid 7

Hackers in plain sight: How are FSIs cracking down on hackers, ransomware and supply chain risk?

In the past year financial services customers have shifted rapidly onto digital channels, with hackers only too happy to join them there to launch increasingly sophisticated phishing, fraud and ransomware attacks from behind the anonymity of a screen. As a result, FSIs are under pressure to stay one step ahead of cyber criminals while CISOs are building strategies to ensure data is safe and backed up in the event of a ransomware incident. Meanwhile, it’s not just large institutions that are being targeted: a spate of high profile supply chain attacks have shown the devastating impact of hackers honing in on third party suppliers in an attempt to steal valuable data and infiltrate systems. This panel session with cyber security experts took a look at the new techniques hackers are using to exploit vulnerabilities, the role that AI and threat detection monitoring can play in detecting threats, and some of the best strategies for protecting systems, data and customers in the event of a breach.