Get Immediate Help
We provide expert financial cybersecurity services for financial service providers to keep sensitive data secure, detect cyber risks and respond to cyberattacks.
Certifications & Accreditations
Cybersecurity Threats in the Financial Sector
Some popular methods of financial sector cybersecurity network attacks include:
Data breach
Ransomware
Hacking
Malware
Insider & third-party threats
Social engineering & human error
Although financial sector cybersecurity breaches may result in financial losses, they have other adverse effects that affect the reputation of financial service providers.
Some of these standards include:
PCI DSS is a global cybersecurity standard for organisations that process credit card data.
PCI certification requirements:
Use of adequate anti-virus software and firewalls.
Sufficient encryption of data transmissions.
Restricted access to credit card customer data.
Continual monitoring of access to your network and organisational resources.
The EU-GDPR sets out minimum standards for organisations across the EU regarding personal data. This framework requires that such data be processed securely and companies take appropriate measures to manage risk. It is a mandatory regulation, and if you are not GDPR compliant, it could cost your company up to £20 million ($20.9 million) or 4% of your annual turnover.
With the advent of Brexit, the UK created its version of the EU–GDPR. It is modified to cater to UK domestic law but still retains EU-GDPR directives and focuses solely on UK residents.
The ISO 27001 standard provides guidelines and recommendations on how to protect information systems and reduce cybersecurity risks including those relating to financial information. Although the standard is not mandatory, it is highly recommended for financial institutions that have an ISO 27001 certification.
Microminder Fast Facts
11K+
Web & Mobile Apps tested
7M+
Users secured globally
99%
Of our recent pen tests identified vulnerabilities
59%
Of them contained critical and high risks.
9K
Business risks were remediated last year.
40%
Were access and authentication related issues.
Most regulations in the financial industry focus on access to sensitive customer data. Cyber breaches such as ransomware result from unauthorised access and exploitation of data by malicious actors.
When it comes to cyberattacks within the financial sector, time is literally money. The more time an attacker spends within your systems, the more damage they can cause. Microminder leverages threat intelligence and hunting technology to ensure cybersecurity compliance and quick threat detection and response. These include:
Endpoint security poses a significant financial sector cybersecurity risk as remote workers access your data outside your internal network perimeter. These external devices or endpoints can be infected by malware, granting cyber attackers access to your corporate data. Some solutions Microminder can provide to safeguard your endpoints include:
Like most industries, the financial sector has shifted from on-site work practices to remote work, which has seen an increase in cloud-based computing and reliance on cloud infrastructure (IaaS). This has seen a rise in cybersecurity vulnerabilities in the financial sector as organisations can no longer rely on traditional perimeter-focused defences.
Benefits of Financial Cybersecurity
Information technology security should be top-of-mind for all financial institutions, and lack of financial cybersecurity compliance has serious consequences – both on a financial and operational level.
Trusted by over 2500+ customers globally
We’ve been helping our customers with affordable IT and Cyber security services for
310 reviews on
See what our customers have to say
Microminder: Alfanar's Top Choice for Penetration Testing Services
"After engaging and experiencing multiple Penetration Testing vendors, we highly recommend Mincominder services to companies looking to enhance their security measures. Their expertise and commitment to delivering outstanding results make them a reliable choice for securing your organisation."
Syed Murtuza Haneef
IT Security Manager
Moby2
"We had the pleasure of working with Microminder Cybersecurity for infrastructure pen testing and firewall configuration review, and I have to say, their work was nothing short of splendid. Firstly their onboarding process was so quick, the pre-requisites and availability of testing was agreed on the same day..."
Viktor Dimitrov
Product Owner - Moby2
Amsel and Wilkins
"Microminder's in depth and broad scope pen testing truly provided us with some valuable insights that uncovered key business risks and highlighted necessary actionable intelligent changes that needed to be implemented within our business to combat any potential cyber-attacks from adversaries and prevent any breaches. This exercise helped us to enhance our cyber security posture and test our system’s resilience. We are quite pleased with our engagement with Microminder."
Claire Lee
Practice Manager - Amsel and Wilkins LLP
InfinityBlu Dental
"Microminder's 24/7 managed security services got deployed with such ease and immediately gave us an eagle eye view into our security logs and events, highlighting any indicators of compromise, effectively automated our response and correlated the incidents with full context, thereby triaging and eliminating all false positives. Our team are amazed at the speed and accuracy of Microminder’s Open XDR technology and skilled staff."
Julie Cockbill
Head of Operations - InfinityBlu Dental
Dental Beauty
"Our priority is business continuity and security, especially considering our operations across our 30+ practices. Microminder helped us with a tailored managed security services that aligned with our business needs. Their technology is at the forefront of the industry and that allows us to fully put our trust in their cyber security experts. We are glad to have Microminder as an extension of our technology team!"
Tina Patel
Head of Integrations – Dental Beauty Partners
Blogs & Resources
Discover our latest content and resources
We bring intelligence and mindset together.
Transform your cyber security strategy and make it your competitive advantage. Drive cost efficiency and seamlessly build a roadmap. Let’s do it right the first time!
Call UK: +44 (0)20 3336 7200
Call
UK: +44 (0)20 3336 7200
Unlock Your Free* Penetration Testing Now
Secure Your Business Today!
Unlock Your Free* Penetration Testing Now
Thank you for reaching out to us.
Kindly expect us to call you within 2 hours to understand your requirements.
Thank you. An expert will get in touch shortly 
