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Volume 27, Issue 4

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September 10, 2013

Cyber Security Risks for Financial Systems

The financial sector and the banking industry in particular are unique in the IT world: no other businesses have the same combination of constant drive for innovation, regulatory pressure and customer-facing IT applications. That also means increased exposure to cyber security risks via the interfaces to the public, whether these risks are linked to criminal intent, breach of confidentiality or other. Software testing engineers work to expose any technical security problems before systems are put into production mode, but they can’t handle all aspects of cyber security. A holistic view by a business continuity manager can add value to the overall process of making financial systems secure in the cyberspace.

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http://www.opscentre.com.au/blog/cyber-security-risks-for-financial-systems/