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Commercial newswire·ZA·

Cybersecurity: An evolving battleground in the finance sector

Banks, fintechs, and other service providers are investing heavily in cybersecurity. But is the complex network of third-party providers, technology partners, and outsourced services they depend on as well protected as their internal operations?“In the field, we sometimes see a relaxing of critical checks and balances, especially as the relationship between the organisation and its providers matures,” says David Loxton, CEO at Loxton Forensics.Left unchecked, such complacency could spell a cybersecurity disaster with severe legal consequences and reputational damage.A growing threatWith the introduction of AI and AI agents, new and dangerous forms of attack have become available to cybercriminals, state-sponsored…

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