SOLUTIONS FOR FINANCIAL SERVICES INDUSTRY

    Banks, insurers, and FinTech platforms run on trust. A single intrusion can trigger regulatory action, customer flight, and headline-grade reputational damage.

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    $6.1m
    THE AVG COST OF DATA BREACH IN FINANCIAL SERVICES INDUSTRY
    739
    DATA COMPROMISES IN 2025, HIGHEST OF ALL INDUSTRIES

    Securing a financial services environment means protecting customer funds, transaction integrity, and regulatory standing simultaneously. It requires hardened public-facing applications, real-time monitoring of suspicious activity, and an audit trail that satisfies examiners on demand. Done right, it becomes a competitive advantage rather than a cost center.

    You're the Biggest Target Out There

    You're a prime target on the internet. Attackers use advanced long-dwell attacks to steal credentials, manipulate transactions, and exploit payment systems, while regulators now demand continuous, evidence-backed cybersecurity, not checkbox audits.

    • Sky-High Breach Costs

      Financial institutions face average data breach costs of $5.56M–$6.08M, significantly above the global average of ~$4.44M.

    • Most Targeted Industry

      Financial services recorded 739 data compromises in the US in 2025, the highest of any sector for the second year in a row, facing up to 300x more cyberattacks than other industries.

    • Trillions in Cybercrime Risk

      Global cybercrime costs are projected to hit $10.5 trillion annually, with finance being a prime target due to direct monetary gains, fraud potential, and systemic risks.

    Regulatory Landscape - India

    Compliance built for Indian financial services

    We align every engagement to the regulations that actually apply to your sector in India, so your security program satisfies auditors and regulators, not just a checklist.

    • 01

      RBI Cyber Security Framework

      The Reserve Bank of India mandates cybersecurity controls, board-level oversight, and incident reporting for banks and NBFCs, including baseline controls and continuous surveillance.

    • 02

      SEBI CSCRF

      SEBI's Cyber Security and Cyber Resilience Framework applies to regulated entities like brokers, AMCs, and market infrastructure, mandating VAPT, SOC monitoring, and audit reporting.

    • 03

      CERT-In Directions (2022)

      Mandatory reporting of cyber incidents within 6 hours and 180-day log retention, applicable to all financial entities operating in India.

    • 04

      PCI DSS & DPDP Act

      Card-data security under PCI DSS, plus personal-data obligations under India's Digital Personal Data Protection Act, 2023.

    FAQ

    Common Questions

    Banks and NBFCs fall under the RBI Cyber Security Framework, which mandates board-level oversight, baseline controls, and continuous surveillance. Regulated market entities such as brokers and AMCs are additionally governed by SEBI's Cyber Security and Cyber Resilience Framework (CSCRF).

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