Financial Services
Financial services organizations operate under direct, enforceable cybersecurity obligations — where compliance isn't a competitive advantage, it's a condition of staying licensed to operate.
Sector-Specific Guidance
The Landscape
Financial services is one of the most heavily regulated sectors for cybersecurity in the U.S., and enforcement has intensified: the SEC's 2023 cybersecurity disclosure rules put board and executive oversight of cyber risk directly under regulatory scrutiny, while the FTC's updated GLBA Safeguards Rule imposes specific, auditable technical requirements on any organization handling consumer financial data. For financial institutions, a gap between actual practice and regulatory expectation isn't a hypothetical risk — it's an active compliance exposure.
Grounded In Real Regulations
Key Regulations & Drivers
GLBA Safeguards Rule
Requires a written information security program with specific technical, administrative and physical safeguards for consumer financial data.
SEC Cybersecurity Disclosure Rules
Require public companies to disclose material cybersecurity incidents and describe board and management oversight of cyber risk.
State Financial Regulations (e.g. NYDFS)
State-level regulators impose additional, often more prescriptive cybersecurity requirements on licensed financial entities operating in their jurisdiction.
PCI DSS
Applies directly to any financial services organization that stores, processes or transmits payment card data.
Benefits of Staying Ahead of It
- Maintains Regulatory Standing. A demonstrable, documented security program is the core evidence regulators look for during examination.
- Board-Level Defensibility. Structured governance and reporting give directors a defensible record of cyber risk oversight, directly addressing SEC disclosure expectations.
- Reduced Examination Friction. Organizations with mature, documented programs move through regulatory examinations faster and with fewer findings.
- Customer & Partner Trust. Institutional counterparties and partners increasingly conduct their own due diligence on a financial firm's security posture before doing business.
Risks & Obligations of Non-Compliance
Recommended Services for Financial Services
Let's Scope What Your Organization Actually Needs.
A short, guided quote request tailored to Financial Services — not a generic contact form.