Financial Services
The word “risk” is taking on a whole new meaning for the financial services sector in the coming months as the Security and Exchange Commission’s (SEC) burgeoning regulatory agenda has proposed a myriad of updates…
Financial services firms are an increasingly attractive target for cybercriminals. In 2022, according to IFA Magazine, the finance industry had 305,785 new security breaches, the second highest level in the UK. While the sector is…
Most financial institutions today have a presence in the cloud, but adoption in the financial-services sector is still at a relatively early stage. Among the financial-services leaders who took part in a recent McKinsey survey,…
What to Look For When Evaluating an IT Provider For Your Alternative Investment Firm
What to Look For When Evaluating an IT Provider For Your Alternative Investment Firm
Attitudes toward cybersecurity responsibility are shifting worldwide. Impacts of successful breaches can be seen across the globe, challenging nearly every public and private industry. The financial services sector needs to be especially vigilant and prepare…
Cybersecurity breaches and data privacy/transparency issues are on the rise. Notably, adapting to COVID-19 forced many companies to bypass certain cybersecurity controls,1 which contributed to a 141% jump in breached records globally in 2020 compared to…
We are thrilled to announce that Thrive has been ranked #2 in Financial Services and #11 overall among the world’s Top 100 Vertical Market MSPs from Channele2e! The annual list and research identify and honor…
Cybersecurity represents an ongoing challenge for alternative investment firms and the financial industry. And this challenge continues to grow in scope, complexity, and cost. According to IBM and the Ponemon Institute, the 2021 average cost of…
By Christian Wilmot, Client Technical Manager – EMEA Effective collaboration is critical for organizations pursuing digital transformation. Gartner estimates that almost 80% of workers used collaboration tools in 2021, up from just over half in…
Most CEOs and CFOs in the financial industry will tell you that cybersecurity isn’t cheap. And it’s true — a recent study by Deloitte found that, on average, financial services companies spend 10% of their IT budgets…