DevOps Articles

8 Ways Finance Companies Can Prevent Data Leaks | UpGuard

The risk of a https://www.upguard.com/blog/data-breach is exceptionally high for financial organizations. Finance companies must recognize the importance of https://www.upguard.com/blog/data-security or risk leaking customer data to the public.

If an organization doesn’t remediate a data leak fast enough, cybercriminals will inevitably exploit this data as an https://www.upguard.com/blog/attack-vector in a https://www.upguard.com/blog/cyber-attack.

IBM and Ponemon Institute’s https://www.ibm.com/security/data-breach found the financial industry has the second highest data breach costs, closely trailing behind healthcare.

Financial organizations must implement ZTA, including the use of multihttps://www.upguard.com/blog/mfa-multi-factor-authentication, to ensure that only authorized users have access to sensitive data.