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Offensive Security for Financial Services

The financial industry faces big challenges around increasing regulations and the persistence of cyberattacks. We frequently see these incidents featured in the headlines. Financial services firms are 300 times as likely as other companies to be targeted by a cyberattack—and dealing with those attacks and their aftermath carries a higher cost for banks and wealth managers than for any other sector1. Online banking, mobile applications, ATMs and contactless payments are bringing greater flexibility to customer experiences and are changing the methods of cybersecurity in the financial industry, through new regulations and approaches. As new technologies and services are introduced to your business, your attack surface expands as well. With this increasing complexity, the odds of a risk or exposure going undetected, releasing to market and being exploited become much higher. 

How can businesses understand the effectiveness of their current cybersecurity measures against a real attack, while also addressing these new challenges?

A Solution

Cyber R&D Lab can conduct an advanced, deep-dive threat simulation against your payment system, attempting to bypass and truly test the strength of implemented security measures. Research shows that 31%2 of attacks on the finance industry have a financial motivation. By focusing only on more complex services, this allows your internal cybersecurity team to conduct infrastructure penetration tests and allows us to help you invest more intelligently in your cybersecurity.

We offer the following services tailored to your needs:
  • Research partnership

    We're a reliable research partner, with proven and recognized expertise within payments security. We provide support and contribute to your security posture through long-term cybersecurity assessments of your products or services, helping to mitigate and re-test found weaknesses. We also conduct hands-on cybersecurity workshops.

  • Specialized Assessment & Security Research in Payments

    We provide detailed information and analysis into blockchain, payment platforms, payment API and open banking, payment endpoints and more. You’ll gain deep security insights within your sensitive environments through our specialized research and testing.

  • Fraud Red Teaming & Threat Simulation

    We conduct controlled exercises designed to mimic real-world adversarial behavior. We leverage available surface areas in an attempt to gain access to sensitive data, the same way a cybercriminal would. This helps to test the existing antifraud capabilities while developing your SOC muscle memory.

We're here to help your organization better prepare for the ever-evolving world of cyber threats.

We can help you answer the following questions:
  • Are our products secure? How can we increase trust with our customers?
  • We’re working with new complex technology, such as blockchain, and we’re leveraging a payment API. What security issues might we have? Are they safe from cyberattacks?
  • We want to have a better understanding on our anti-fraud system. What could a fraudster do with our system? 

Sample Financial Research

Contact Our Experts

No matter what industry your business is in, our experts are here to help with cybersecurity.