Fortinet Delivers an Integrated Security Architecture To Protect Banking Innovation

Over the last year, the retail banking sector has taken leaps and bounds with technology investments to optimize business and meet changing market requirements. The sector is innovating at an accelerated pace and deploying technology to modernize infrastructure, adopt new ways of working in response to public health mandates, improve customer experiences, and embrace new business models and partnerships to keep digitally advanced competitors from capturing market share.

However, these changes come with their own set of risks and challenges ranging from an expanded network attack surface to increasing regulatory pressure to a rising volume of targeted attacks. Banks will increasingly come under a hacker’s radar as a prime target for cyberattacks for obvious reasons: 86% of successful breaches are motivated by financial gains.