Financial Cyber Risk Management
Evaluating the cyber threat to capital markets and global corporations requires analyzing huge volumes of data, documents and reports.
As corporations come under increasing scrutiny to manage the risk of cyber attack, and pay constant attention to sustainability and governance, it’s never been more critical to be able to understand and distil huge volumes of data.
To identify strategic opportunities and mitigate risk, financial managers need tools to sift, curate and analyze this big data, and quickly disseminate actionable insights to key decision makers.
of Financial Service Firms Are Using Machine Learning
8 in 10
Financial Services Execs Plan to increase AI investments through 2025
The Wisr platform constantly monitors global data feeds – from news, cyber breaches, social media, financial data, weather patterns and more – and turns this data into actionable insights.
Hackers and criminals change their attack vectors quickly and based on local and global events. Wisr unlocks the insights you need from global data sources to manage and monitor cyber risk across your vendor network.
By constantly monitoring changes in cyber breaches, hacks and more, coupled with changes in the external environment, Wisr provides you risk assessments to prioritize the inherent risk from your vendor and supply chain partners.
Our artificial intelligence and neural network platform creates firmographic "fingerprints" to profile cyber breaches and pattern match changing global conditions to provide early warning and risk profiles for your vendors.
Wisr keeps track of breach profiles and provides AI-driven analysis for your organization and vendor partners, with automated recommendations on how to improve protection and remediate risk.
The average cost per cyber breach in Financial Services is $5.86 million, second only to the Health Care industry, and 1.5x the cost in the public sector.
IBM: Security Cost of a Data Breach
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