Many firms are looking to enhance their software and systems during 2017 as they attempt to better face up to the rising tide of risk.
With cyber-security being a growing concern, one problem dogs those within the financial service industry that want to counter the attacks: a shortage of cyber-security skilled personnel.
David Trossell, Bridgeworks CEO shared his thoughts on the topic with Kurtosys.
“It’s not just occurring in the cyber-security world; it’s happening across all sectors in IT at the moment.” He adds that cyber-security is a one against many scenario. “It only takes one hacker to attack thousands of organisations, and each of them needs a full-time team of cyber-security experts to protect themselves”, he says. He claims that “anonymous money” via Bitcoin has created many opportunities and bigger rewards – “especially as we are seeing websites that are providing ready-made packages for hackers, creating Crime-as-a-Service.”