How Traps Helps Financial Institutions Prevent Ransomware and Other Sophisticated Threats

Maintaining confidence in financial transactions and protecting personally identifiable information, or PII, are imperative to the success, even the survival, of financial services institutions – from the largest retail and commercial banking concerns to the smallest asset and wealth management firms. As the primary custodian of both personal and corporate financial assets, the financial services industry is one of the largest targets for cybercriminals.

At the same time, the attack surface continues to grow as the industry evolves to:

  • Meet demands for customer access over more types of devices and media.
  • Rapidly adopt new technologies, such as artificial intelligence and blockchain, that add value to customer offerings and streamline internal processes.
  • Support broader IT trends, such as cloud computing and API-laden application platforms.

Read on to learn more about the IT security challenges facing financial services institutions and how Palo Alto Networks® Traps™ advanced endpoint protection – a key component of Palo Alto Networks Next-Generation Security Platform – helps overcome them.

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