Bishop Fox is proud to sponsor and present at the virtual Cybersecurity Finance & Banking Summit on June 22, 2023. Cloud Principal Seth Art will be featured as a panelist on the session, "Cloud Third-Party Threats" happening at 1:05-1:50 p.m. ET.

Cloud Third-Party Threats

Cloud systems store vast amounts of sensitive business data and are another massive security liability. Unfamiliarity with best practices & the cloud shared security model can make these environments even more vulnerable to attack.

Interestingly, protecting these systems isn’t exactly up to the financial organizations, but rather, their service providers. While threat actors are still mainly targeting cloud infrastructure for new exploits, an emerging tactic is to target the service provider itself. Exploiting the relationship between these organizations serves only to expand the impact of their attack.

What steps should financial institutions take to ensure they have found a reliable partner to protect themselves and their customers?