GenAI Security for Banking Infrastructure
Financial services and banking institutions have long been prime targets for cyber attacks for a simple reason – where there’s money, there’s money to be made. According to a study conducted by the Federal Reserve Bank, companies in this sector are 300x times more at risk for data security threats than any other industry. Knowing this, a mid-sized Midwest-based bank knew they needed to implement a comprehensive network security strategy – and they needed to do it with a lack of staff and budget.
CloudCover’s CyberSafety Platform gave them instant GenAI security without needing to augment with additional staff – offering protection from ransomware and blocking over 11,000 threats and viruses in the first two weeks of implementation.