The 2019 Thales Data Threat Report – Financial Services Edition explores the changing face of data security, with results from 100 U.S. financial services enterprise IT security professionals that have responsibility for, or influence over, IT and data security. Digital transformation is fundamentally impacting all aspects of the economy across all industries, and nowhere is this truer than in financial services. Cloud and mobile technologies have enabled financial institutions to operate more efficiently and to expand services to customers. The 2019 Thales Data Threat Report – Financial Services Edition explores how this digital transformation affects data security in financial services.

Thales eSecurity , Nov 20, 2019

2019 Thales Data Threat Report Financial Services Edition

62% of financial institutions report that they have been breached at some point in their history

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Financial services organizations universally use digital transformation technologies with sensitive data

“Data security, starting with encryption and access management, is an important part of the mix. As data migrates away from the enterprise premises and to the cloud, network security is no longer sufficient to protect data. Financial services need new data security methods to protect precious data everywhere in today’s digital IT landscape.” – Frank Dickson, Program VP, Security & Trust at IDC

Key Financial Security Statistics

97%Use sensitive data on digitally transformative technologies

31%Use data encryption within these environments

62%Report they have been breached at any point in their history

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