Mobile Banking & Services: Security Challenges Drive the Need for an Intelligent Platform
To stay competitive, financial services organizations must offer mobile access to their products and services, but security is an issue that still looms large for both the institutions and their end customers.
Going forward, financial services organizations will need to both bolster their mobile security postures to assuage customers’ concerns, while enhancing their mobile offerings to satisfy customer demand. It will require building their mobile strategies around an intelligent platform to safeguard data, stop the largest Distributed Denial of Service (DDoS) and other cyberattacks, prevent downtime, and have the intelligence to adapt to the evolving threat landscape — all without impacting performance for customers.
To get a pulse on the current state of mobile and security strategies, Gatepoint Research surveyed 130 selected financial industry executives between July and November 2016.