This guide explains that finance CISOs face ransomware, insider threats, PII theft, and web app attacks, and that weak incident response readiness increases breach impact. It cites IBM’s 2020 report that breaches take about 280 days to identify and contain, with average breach costs of $4.24M overall and $5.72M in financial services, reinforcing the need for a frontline-ready SOC team. It highlights two major gaps: upskilling existing staff and assessing candidates to avoid costly mis-hires (estimated at 30% of first-year earnings). Cyberbit is positioned as the solution via live-fire simulations, skills-gap insight, candidate screening, faster hiring and onboarding, and SOC performance benchmarking dashboards.

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