Secureworks highlights that while compliance has traditionally established strong security controls in the financial sector, it alone is insufficient to address evolving threats. The financial industry faces increasingly sophisticated cybercriminals who exploit technological advances and target data beyond mere regulatory checkboxes. Secureworks stresses that firms must move beyond compliance-focused programs to implement robust, adaptive security measures that safeguard data integrity and customer trust in a dynamic risk environment. This includes proactive risk management, continuous monitoring, and strengthening protections across technology and processes to truly safeguard financial data and business operations.

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