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While the Internet of Things helps financial services firms run their businesses more efficiently and engage with their customers more effectively, IoT security is a concern. 

The proliferation of internet-connected devices has made it easier for customers to conduct their affairs and has given the companies that they do business with more insight into their activities.

Ransomware and other forms of digital extortion continue their unprecedented march, attacking computers, stealing the private data of millions of individuals, and forcing IT managers to play whack-a-mole in order to stem the tide of new threats entering network servers every year. The good news is, the healthcare industry can better prevent data breaches by adopting NIST's Cybersecurity Framework. 

You may have moved data to the cloud. But that doesn’t mean your responsibilities for securing it are gone. Cloud penetration testing is an essential part of cloud security. 

Eager to embrace the cloud’s efficiency, organizations often solely rely on their cloud-service providers to secure data.

Here are some cybersecurity trends and threats the financial sector will want to keep an eye on as the cybersecurity landscape continues to evolve: 

During the past 25 years or so, the internet has evolved to become one of the most predominant vehicles supporting the endeavors of global commerce, government organizations, and academic institutions, to name a few. And like sharks following the scent of blood in the water, cybercriminals seeking financial profit or other mischief have evolved to develop highly sophisticated and cunning methods to extract valuable information from organizations with IT security policies not formulated with cybersecurity best practices in mind.