This report explores the impact of cybersecurity in the banking space. It includes an overview of the cybersecurity value chain, provides case studies of cybersecurity solutions used in banking, examines market size and growth forecasts, and discusses the key players in the space.
Cybersecurity is the body of technologies, processes, and practices designed to protect networks, computers, programs, and electronic data from attack. Cybersecurity in banking has become more important than ever as the rapid evolution of digital banking has resulted in customers finding it more convenient to manage their finances through online channels, exposing banks and financial institutions to increased levels of cyber threats. To fend off cybercriminals, banking providers are looking to utilize newer and more advanced security infrastructure and services.
Cybersecurity is the body of technologies, processes, and practices designed to protect networks, computers, programs, and electronic data from attack. Cybersecurity in banking has become more important than ever as the rapid evolution of digital banking has resulted in customers finding it more convenient to manage their finances through online channels, exposing banks and financial institutions to increased levels of cyber threats. To fend off cybercriminals, banking providers are looking to utilize newer and more advanced security infrastructure and services.
Scope
- Banking is a highly targeted sector for cyberattacks. The reasons the sector is prone to growing cyberattacks include increasing use of digital channels to compete with fintech companies as well as the growth in digital currencies.
- According to the publisher estimates, the global cybersecurity industry in the retail banking sector will grow from $7.9 billion in 2020 to $11.6 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%.
- Banks are unleashing the power of digital technologies to predict and prevent cyberattacks before they happen. Cybersecurity technologies will help banks shore up their reputation as trusted and secure providers as they digitize amid increased openness.
Reasons to Buy
- Understand cyber risk and its current and future impact on the industry.
- Understand how key challenges the banking sector is facing have accelerated the need for greater cybersecurity.
- Identify the leading adopters and specialist vendors for cybersecurity.
Table of Contents
- Executive summary
- Cybersecurity Value Chain
- Cybersecurity hardware
- Cybersecurity software
- Cybersecurity services
- Banking Challenges
- The Impact of Cybersecurity on Banking
- Case Studies
- Data Analysis
- Market size and growth forecasts
- Mergers and acquisitions
- Patent trends
- Company filings trends
- Hiring trends
- Social media trends
- Cybersecurity timeline
- Companies
- Leading cybersecurity adopters in banking
- Leading cybersecurity vendors
- Specialist cybersecurity vendors in banking
- Sector Scorecard
- Banking sector scorecard
- Glossary
- Further Reading
- Thematic Research Methodology
- About the Publisher
- Contact the Publisher
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 1Password
- Accenture
- Airbus (Stormshield)
- Akamai
- Alert Logic
- Alibaba
- Alphabet (Google)
- Alphabet (Siemplify)
- Amazon
- AMD
- Analog Devices
- AnyVision
- Appgate
- Apple
- Aqua Security
- Arcon
- Armis
- AT&T
- Atos
- Attivo Networks
- Aware
- BAE Systems
- Baidu
- Barracuda
- Barracuda Networks
- BeyondTrust
- BioEnable
- Blackberry
- BMC Helix
- Broadcom
- BT
- Cadence Design Systems
- CaixaBank
- Capgemini
- Cato
- Check Point Software
- Checkmarx
- China Telecom
- China Unicom
- CipherCloud
- Cisco
- Clear Secure
- Clearview
- Cloudcheckr
- Cloudera
- Cloudflare
- CloudPassage
- CMITech
- Code42
- Cognitec
- Cognizant
- Contrast Security
- CrowdStrike
- CyberArk
- Cyberbit
- Cybereason
- Cynet
- D3 Security
- Danske Bank
- Darktrace
- Dashlane
- DBS Bank
- Delinea
- Dell Technologies
- Deutsche Bank
- Deutsche Telekom
- Duo Security
- DXC Technology
- ekey
- Equifax
- Ermetic
- Exabeam
- Expanse
- Extreme
- EY
- Eyelock
- F5 Networks
- FiVerity
- Forcepoint
- Forescout
- ForgeRock
- Fortinet
- Foxpass
- Fugue
- Fujitsu
- GitLab
- Goldman Sachs
- HCL Technologies
- Helpsystems
- Herjavec Group
- HID Global
- Hitachi
- Horizon Robotics
- HPE
- HSBC
- Huawei
- IBM
- IBM (Red Hat)
- Idemia
- iFlytek
- Illumio
- Ilumio
- Impulse
- Informatica
- Infosys
- ING Group
- Innovatrics
- Intel
- Invicti
- iProov
- Iris ID
- IriusRisk
- Ironscales
- iSignthis
- Ivanti
- Ivanti (MobileIron)
- JPMorgan
- Juniper Networks
- Kairos
- KnowBe4
- KPMG
- KT
- Lacework
- LastPass
- Lockheed Martin
- LogMeIn
- LogMeOnce
- Logrhythm
- Lookout
- Lumen Technologies
- ManageEngine
- Marvell
- Megvii
- Mentor Graphics
- Micro Focus
- Micron Semiconductor
- Microsoft
- Mimecast
- MyBank
- NCC
- Netskope
- Nokia
- NordPass
- Northrop Grumman
- NTT Data
- NXP Semiconductors
- NXT-ID
- Okta
- Okta
- Onapsis
- One Identity
- OneLogIn
- OneSpan
- OneTrust
- Oracle
- Orange
- Orca Security
- Palantir
- Palo Alto Networks
- Perimeter 81
- Ping Identity
- Portnox
- Proofpoint
- PwC
- Qualys
- Rapid7
- Raytheon BBN
- Raytheon Technologies
- RedSeal
- Renesas
- Resolver
- RSA
- Ruckus
- SAIC
- SailPoint Technologies
- Samsung Electronics
- Santander
- SecureAuth
- SecureOne
- Secureworks
- Securonix
- SenseTime
- SentinelOne
- Singtel (Trustwave)
- Skybox Security
- Skyhigh Security
- Snyk
- Softbank (Arm)
- SonicWall
- Sophos
- Splunk
- STMicroelectronics
- Sumo Logic
- Swimlane
- Synopsys
- Tanium
- Tata Consultancy Services
- Tech Mahindra
- Tech5
- Telstra
- Tenable
- Tessian
- Thales
- ThreatConnect
- Threatmetrix
- Threatmodeler
- Tinkoff Bank
- TitanHQ
- Trellix
- Trellix
- Trend Micro
- TrueFace.AI
- Untangle
- Veracode
- Verizon
- Versa
- VMware
- VMware
- WatchGuard
- WhiteHat Security
- Wipro
- Yubico
- Zscaler
