Security and Compliance
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September 24, 2024
In the digital age, the finance industry is one of the prime targets for cybersecurity attacks. Financial institutions handle and store large amounts of sensitive data, including customer information, financial transactions, and business documents. As a result, they are constantly facing growing threats from phishing, malware, ransomware, and DDOS attacks.
Cybersecurity is no longer optional but a mandatory requirement to protect the security of data, assets, and the reputation of businesses. Financial firms must not only protect their data but also comply with legal regulations and international security standards. This article will give you an in-depth understanding of the importance of cybersecurity in the finance industry and the advanced security solutions offered by Prology, helping financial institutions in Australia build secure and effective systems.