Research and Whitepapers

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Enterprise Strategy Group: 2013 Vormetric Insider Threat Report: Financial Services

Financial services firms enjoy a few advantages over organizations in other industries. Banks and investment firms tend to have larger IT/security budgets and highly experienced security staff members. Large metropolitan banks also have more lucrative salary structures, and so they also have the luxury of recruiting the best and brightest security talent.

In spite of these advantages, financial services firms remain nearly as vulnerable to insider threats—41% of financial firms believe they are extremely vulnerable or vulnerable to insider threats—as compared with 47% of organizations from other industries. Just as with other organizations, they don’t feel secure.