Navigating Cloud Security in Financial Services: The Risks, Rewards, and Remedies

Financial institutions are leading the charge in cloud adoption – but that leadership comes with growing cyber risk. As threat surfaces expand and traditional tools fall short, the industry is turning to Security Service Edge (SSE) to gain control, reduce exposure and stay ahead of attackers.

Report highlights:

• Financial services use the cloud more than other industries, with employees interacting with numerous cloud applications monthly. This expanded attack surface creates more entry points for cyber threats.
• The rise of Gen V attacks, insider threats, and AI-driven ransomware are reshaping the security landscape. Financial institutions face sophisticated threats that bypass traditional security measures.
• Financial institutions are rapidly adopting genAI tools, which introduce new risks related to intellectual property and confidential data leakage.
• Malware delivery and phishing attacks are prevalent, often leveraging trusted cloud apps to evade traditional defenses.

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Gain comprehensive insights on the emerging security threats and discover actionable strategies from Telstra International and Netskope to protect your institution.