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Illumio: Protecting the Banking Sector
Banks and other financial institutions are turning to Zero Trust Segmentation from Illumio to guard against ransomware and breaches.
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Banks, investment houses, retail brokerages, lenders, fintech startups, and other financial services institutions are the proverbial “big game” for cybercriminals. The reason is simple: That’s where the money is. Financial services was the top industry targeted by cybercriminals for the five consecutive years of 2016-2020, according to an IBM report. In 2021, financial services accounted for 22.4 percent of attacks, in second place just behind manufacturing — but still very much a prime target for ransomware and other cyberstrikes.
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