BFSI
The BFSI segment comprises of organizations that are into banking services, such as core banking, corporate, retail, investment, private, and cards; financial services such as payment gateways, stock broking, and mutual funds; and insurance services covering both life and general insurance policies. The vertical attracts cybercriminals as it holds sensitive information about employees, customers assets etc. BFSI sector is required to prioritize the adoption of security as a service solutions as the core business functions are shifting towards cloud infrastructures and there is a need to protect their confidential information from attacks and threats. Furthermore, the emerging trend of cloud banking also leads to the need to secure confidential business and financial data on a real-time basis. The security consultants analyze the IT ecosystems and business processes in the organization and suggest effective security policies to mitigate the potential cyber risks and maintain a secure environment.