HACKERS VS. FINANCE: STRATEGIES CISOS CAN TAKE TO THE BANKHACKERS VS. FINANCE: STRATEGIES CISOS CAN TAKE TO THE BANK 2 In recent years, financial and banking institutions worldwide have been the preferred targets of many cybercrime groups. Targeted attacks allow them to divert increasing sums of money, which impacts the production stability and reputation of the organizations targeted. Both IT and security managers at these institutions must invest in understanding the specific cyberthreats that affect them, then implement the countermeasures necessary to safeguard their banking or financial activities. The unique challenges of banking and financial information systems Banking and financial information systems have characteristics that tend to make their protection more complex than

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