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How to fight cyber threats in the financial sector through a WFP solution? – Global Security Mag Online

Summary by Global Security Mag Online
The management of privileged access (MAP) is essential to protect financial institutions from cyber threats by controlling access to sensitive data and ensuring compliance. According to the IBM report on the cost of a data breach in 2024, the average cost of a single breach was $4.88 million, due to revenue losses, downtime, loss of customers and regulatory fines. Financial services companies are targets of choice for cyber criminals.
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Global Security Mag Online broke the news in on Tuesday, April 1, 2025.
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