Accelerating Security in the Face of Accelerated Technologies
The BFSI industry is at the forefront of technological innovation, but this also makes it a prime target for cybercriminals. As financial institutions integrate AI-driven systems and expand their digital services, they face an expanding attack surface. Cybercriminals are exploiting these advancements, with ransomware attacks costing financial institutions an average of £10,830 per incident. Additionally, the sector’s reliance on cloud-based systems and mobile-first strategies introduces new compliance and security challenges.
Recent statistics highlight the urgency of these issues:
- Cyber Attacks Surge: The third quarter of 2024 saw the average weekly cyber attacks per organisation climb to an all-time high of 1,876, marking a 75% increase from the same period in 2023.
- Data Breaches: So far in 2024, there have been 9,478 publicly disclosed incidents, resulting in over 35.9 billion known records breached.
- Cloud Intrusions: There has been a 75% increase in cloud intrusions, with adversaries using valid credentials to access victims’ cloud environments.
At the Future Security Summit, we will explore these pressing issues, offering insights and strategies to fortify your organisation’s defences. Key topics include:
- Ransomware Analysis: Delve into the latest ransomware tactics and effective defence mechanisms.
- Identifying & Overcoming Shadow SaaS Applications: Manage the risks of unauthorised software within your organisation.
- Understanding the Deepfake Landscape: Navigate the threats posed by increasingly sophisticated deepfake technologies.
- Implications of the Evolving Mobile-First Enterprise: Adapt your security strategies to a mobile-centric workforce.
- Moving from Managed Detection & Response to Threat-Centric Security: Shift to a more proactive and threat-centric approach to security.
Why Attend?
The Future Security Summit is not just another conference. It is a unique opportunity to engage in strategic conversations with your peers and industry experts. Our advisory committee, composed of leading figures in cybersecurity, has meticulously crafted the summit format to foster meaningful dialogue and collaboration.
Guest passes are available exclusively for the BFSI industry, ensuring that the discussions are highly relevant to your specific challenges. Additionally, sponsorship booking is now open, providing a platform for leading security solutions providers to showcase their innovations.
Join us at the Future Security Summit to stay ahead of the curve and accelerate your security strategies in the face of rapid technological advancements. Together, we can build a more resilient and secure future for the BFSI sector.
For more information and to secure your spot, get in touch with our event team. We look forward to seeing you there!
Sources:
- “Cyber attacks increasing by 28% in the first quarter of 2024” – GOV.UK
- “Ransomware attacks costing businesses an average of £10,830 per incident” – Picus Security
- “75% Surge in Cyber Attacks Worldwide” – Check Point
- “Global Data Breaches and Cyber Attacks in 2024” – IT Governance
