Guide

A Guide to Reducing Risk for Finance Industry CISOs

A Guide to Reducing Risk for Finance Industry CISOs

Pages 6 Pages

This guide explains that finance CISOs face constant threats such as ransomware, insider activity, PII theft, and web application attacks, and that weak incident response readiness leaves organizations exposed, especially since IBM reports an average of 280 days to identify and contain a breach. It cites average breach costs of $4.24M overall and $5.72M for financial services, and argues the foundation of resilience is a frontline-ready SOC with strong skills, experience, and tool proficiency. The document highlights two key gaps, upskilling current staff and avoiding mis-hires (estimated at 30% of first-year earnings), then positions Cyberbit as the solution through skills-gap insight, live-fire simulations to stress test incident response, hands-on candidate screening to reduce hiring ti

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