Security in Banking: Top Trends for 2005 and Beyond
Abstract
Boston, MA, USA April 29, 2005 Celent estimates that IT security spending by North American banks will reach US$1.8 billion in 2005, a 12.2 percent increase over 2004. It is not surprising that banks are devoting these funds to IT securityprotection against constantly evolving forms of bank robbery and account fraud are a must. ![]() In a new report, , Celent identifies, examines, and strategically analyzes the top information security trends and issues facing bank CSOs and their teams. "Bank CSOs/CISOs and their teams have heavy weights on their shoulders," says Jacob Jegher, senior analyst in Celent's banking group and author of the report. "Maintaining a secure network and environment is already a daunting and complex task for standard corporations. The addition of insider fraud and skyrocketing external malicious attacks against financial services providers have banks scurrying in all directions to find a solution."The 34-page report contains 11 figures and six tables. A table of contents is available online. |
of Celent Communications' Retail Banking and Wholesale Banking research services can download the report electronically by clicking on the icon to the left. Non-members should contact info@celent.com for more information. |
|