02 Dec Will 2025 Be The Turning Point For Cybersecurity In Finance?
This week in cybersecurity from the editors at Cybercrime Magazine
–Read the Full FinTech Futures Story
Sausalito, Calif. – Dec. 2, 2024
Could 2025 be the year that reshapes cybersecurity in the financial services industry for good? With increasingly sophisticated cyber threats and emerging technologies like AI impacting every sector, many believe the financial services industry is on the brink of a major transformation. If that’s the case, the industry must adapt, reports FinTech Futures.
According to Cybersecurity Ventures, global cybercrime costs will reach $10.5 trillion annually by 2025. This growing threat landscape is driving a fundamental shift in cybersecurity strategies.
As Mikko Hypponen, a global security expert, speaker, and author, says: “Financial institutions must recognise the simple fact. The traditional approaches are no longer sufficient. The game has changed. And 2025 could be the year the industry finally catches up.”
Toni Trpkovski, a Cybersecurity expert in Stockholm, Sweden puts cybersecurity in finance under scrutiny for FinTech Futures and ponders if 2025 will be a year of major changes.
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
- HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
- PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
- PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
- RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.
Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions.
