5 Biggest Challenges of Data Security in the Financial Service Industry

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Collaboration and a proactive approach are essential in discovering new data security risks, regulations, and measures in the financial service industry. Given the fact that companies within the financial service industry use data for finding revenue streams, providing personalized experiences, and storing customer information, it’s essential to focus on data security. Data security is one of the key business goals in this sector, as losing customer data can seriously harm an organization’s overall reputation and success. All banking businesses rapidly adopt different technologies, leading to …

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