• EU project FINSEC mitigates cyber-physical risks for banks

EU project FINSEC mitigates cyber-physical risks for banks

14. out 2021
  • Project coordinated by GFT Italia uses artificial intelligence to identify and contain threats
  • FINSEC will enable banks to verify regulatory compliance faster and at lower cost
  • Financial institutions manage both physical and cyber security in an integrated manner using FINSEC reference architecture 
  • Project also enhances security of ATMs 
  • New security platform a result of EU project coordinated by GFT Italia
Marika Lulay
CEO GFT Technologies SE

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  • EU project FINSEC mitigates cyber-physical risks for banks

    In 2020, financial services organisations were the targets of over 3.4 billion credential-stuffing attacks. This translated to an increase of more than 45% over the previous year. Emerging cyber-attacks could put between 10 and 30 percent of the financial institutions’ profits at risk.

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Dr Markus Müller
Relações Públicas do Grupo
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