In the real world and the digital realm, locks and firewalls serve the same purpose: keeping what matters most out of the hands of those who would do it harm.
As digital threats continue to power up, protecting sensitive financial data has become more crucial than ever before. The digital safety sphere within the banking industry was largely reactive, grappling with growing threats but lacking the proactive, integrated defenses seen today.
“As cybercriminals evolve, so must our defenses,” says Anwar Mohammed, an IT security auditor. “We are not merely safeguarding data. Rather, we are fortifying the trust that underpins the entire financial system.”
Banking on Digital SecurityBefore Anwar Mohammed stepped in, Bank of America’s digital defenses were functional but not optimized to their full potential. Without the unified system that is now commonplace, banks often found themselves dealing with isolated systems that struggled to communicate, leaving vulnerabilities in their infrastructure. Banks managed risk …