Numerous organizations in a variety of industries including financial services, healthcare, insurance, retail, hospitality, and other not-for-profits, have benefited from enterprise risk and cybersecurity services from KPN Consultancy. While some risks (such as fierce competition, price pressure, technology investments, information security, and people management) are inherent to most industries, others are unique to each industry and even more to each organization.
The financial services sector makes a prime target for cybercriminals. The industry cites a variety of reasons for the continuous attacks, including:
· High-value data that organizations acquire.
· Access to money immediately.
· Requirements for long-term data retention.
We aid clients in the financial services industry in achieving exceptional risk-adjusted performance.
The insurance industry is facing an increasing challenge from cyber risk. Enormous amounts of private and business data is collected, stored, and managed by insurers.
Because of these data reservoirs, insurers are a major target for cybercriminals who are looking for information that can be exploited for extortion, identity theft, or other illegal activities.
In addition, because insurers play a significant role in the global financial sector, cybersecurity attacks that disrupt insurers' systems could have a significant impact.
It is not surprising that retailers are concerned about how cyber threats could substantially disrupt their core business operations and/or harm their brands. The landscape of cyberthreats has dramatically intensified as more shops transfer their operations online to keep up with the rise in e-commerce.
As part of their efforts to manage these socioeconomic and strategic risks, we anticipate retailers will continue to invest extensively in omnichannel shopping, customer experience, and loyalty programs.
Retailers will create long-lasting brand partnerships and forge closer bonds with their customers by offering exclusivity, personalized services, and a focus on environmental, social, and governance (ESG) issues.
The year 2015 served as the healthcare sector's wake-up call. Over 100M records were compromised in dozens of breaches throughout the year of healthcare breach.
It demonstrated to healthcare organizations that, in addition to being prone to attacks, these firms were also starting to get the attention of malicious attackers who were attempting to take advantage of them.
Due to the nature of the data that businesses operating in the hospitality sector collect, information security is a crucial component of many industries, not least of which is the hospitality sector.
Several sensitive personal guest sets of data, including names, phone numbers, addresses, and credit card information, are gathered and electronically stored by hotels, motels, resorts, and rental apartment buildings.
The hotel sector is becoming ever more dependent on technology, thus reliable cyber security is more critical than ever.
A comprehensive information security management system developed to meet the requirements of the hospitality sector.
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