Financial Institutions and Cybersecurity Risk: Why you need ISO27001

When it comes to law enforcement crime investigations, there is a maxim of, “follow the money”. This broadly means that if you can follow the money trail, it will eventually lead you to the perpetrator of the crime. In today’s modern society, money has now become a series of binary ones and zeros that are transferred between bank accounts without any real effort on either party, and cybercriminals are fully aware of how easy, and fragile, this process is. In December 2022, the tenth edition of the ENISA Threat Landscape (ETL) report was released. It is an annual report about the status of the…