Banks have always been at the forefront of enterprise cybersecurity. Their enormous stores of cash and consumer data have made them a top target for hackers, and the threat of financial losses, regulatory consequences, and reputational damage has spurred them to innovate and accelerate the field of cybersecurity.
However, the intersection of cybersecurity and banking can feel like battling the Hydra. As soon as one vulnerability is addressed, another one is created. Combine this with the increasingly diverse ways consumers are interacting with their money, and you’ve got a recipe for something disastrous.
Let’s take a look ahead at three trends that are likely to play a role in 2019’s biggest banking security headlines.