Ransomware Defense in Financial Services: Retreating From the Cloud

Report Summary

Ransomware Defense in Financial Services: Retreating From the Cloud

More and more attackers are using ransomware as a final step in multistaged attacks; defense, then, requires layers.

Steve Hunt
Senior Analyst

Boston, August 20, 2020 – There are two kinds of organizations: those that have endured a ransomware attack and those that likely will. In each case, weathering the storm is a matter of preparation, which, as in most things, is easier said than done. Here’s why: There is no single technology that prevents ransomware, and there are many kinds of ransomware attacks.

This report explores some of the most critical defenses an organization can put in place and profiles 16 vendors: BlackBerry, Broadcom, Bufferzone, Cisco, CrowdStrike, Cybereason, FireEye, Microsoft, Morphisec, Nyotron, Panda Security, Proofpoint, SentinelOne, Tanium, Virsec, and VMware. To form the basis of this report, Aite Group spoke with 11 security executives representing both midsize financial services organizations and several of the largest banks in the world as well as 15 of the 16 technology vendors profiled in this report. 

This 31-page Impact Report contains one table. Clients of Aite Group’s Cybersecurity service can download this report and the Executive Impact Deck.

Download table of contents

This report mentions IBM, Verizon, and Verodin.

How can we help?

If you have a question specific to your industry, talk with an Aite Group analyst.  Call us today to learn about the benefits of becoming a client.

Talk to an Analyst

Receive email updates relevant to you.  Subscribe to entire practices or to selected topics within
practices.

Get Email Updates