Cyberattacks in the Financial Markets

Over half of the world’s security exchanges around the world reported cyber attacks last year, according to a recent study by International Organization of Securities Commissions’ (IOSCO) research department and the World Federation of Exchanges Office.[1] Financial organizations regularly face denial of service attacks, laptop theft, data theft, virus attacks and overwhelming businesses networks with computer traffic.

Cyberattacks directed against financial organizations can happen at every level from international markets to local businesses. Integracon specializes in supporting the unique challenges facing financial organizations. We work with our clients to make sure their IT Networks are in compliance with all government and industry regulations. FInancial institutions need a robust solution for incoming and outgoing data. This means protecting against intrusions as well as developing a comprehensive data governance structure, protecting organization information and confidential customer data.

Offering total infrastructure solutions, Integracon introduces a combination of software and hardware tools. We work with you to select, plan and implement reliable solutions that fit your specific requirements. Some of the security issues we’ve address for clients include:

• Firewall, anti-phishing, anti-spam, VPN, and intrusion protection
• Integrated network intelligence
• Centralized system administration
• “Always on” attack protection
• Compliance
• Hardware-based encryption
• Website access control via predefined protocols
• And more

A strategic security can actually improve the bottom line. Some of the benefits our clients have enjoyed include:

• Reduced operating costs; minimized risk to data; and enhanced security by integrating the network
• Reduced vulnerability to attacks
• Reduced time and cost of responding to audits and compliance issues
• Increased employee efficiency and reduced malware and Web threats by application of Websense software
• Reduced processing downtime
• Reduced time spent maintaining computers and networks
• Increased security through highly individualized rights assignments
• Increased ability to provide business unit autonomy with discrete systems for each unit’s specific needs

For more information on how Integracon can help your organization address security challenges, contact us via chat at Integracon.com or call us at 865-330-2323.

Image by insider_monkey at Flickr. Used by Creative Commons Permission.

[1] John McCrank. “Cyber attacks put stock exchanges at risk.” NBC News Business, July 16, 2013.

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