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DATA 4
How Penetration Testing
Supports the BFSI Sector
Statistics to illustrate the potential
benefits of penetration testing in the BFSI
sector
Penetration testing
prevents up to 80%
of security breaches.
Effective testing reduces
financial impact by up to
60%.
Regular testing increases
customer trust by around
75%.
Identify vulnerabilities and
weaknesses in BFSI applications.
Crucial Roles of
Penetration Testing and
Security Testing in the BFSI
Sector
Ensure regulatory compliance
and adherence to industry
standards.
Protect customer data and
maintain confidentiality.
Build trust through a
commitment to security and
data protection.
01
02
03
04
The COVID-19 pandemic has
accelerated the adoption of
contactless payment methods,
leading to increased demand
for secure payment
applications and digital wallets
Quality With Excellence
www.testrigtechnologies.com
01
Cyber Security Issues That The
BFSI Sector Faces In Today's
World
Data breaches and
theft of sensitive
information.
Phishing and
social engineering
attacks.
Malware and
ransomware
threats.
Advanced Persistent
Threats (APTs)
targeting the sector.
Advanced
Persistent Threats
(APTs) targeting
the sector.
Distributed
Denial of Service
(DDoS) attacks
Penetration testing plays a vital role in
supporting the BFSI sector by identifying
vulnerabilities, strengthening security defenses,
and ensuring regulatory compliance. It helps
protect sensitive customer data, enhance risk
management, and instill confidence in
customers by demonstrating a commitment to
robust security measures.
02 03
04 05 06
Quality With Excellence
www.testrigtechnologies.com

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The Role of Security & Penetration Testing Services in BFSI Sector.pdf

  • 1. DATA 4 How Penetration Testing Supports the BFSI Sector Statistics to illustrate the potential benefits of penetration testing in the BFSI sector Penetration testing prevents up to 80% of security breaches. Effective testing reduces financial impact by up to 60%. Regular testing increases customer trust by around 75%. Identify vulnerabilities and weaknesses in BFSI applications. Crucial Roles of Penetration Testing and Security Testing in the BFSI Sector Ensure regulatory compliance and adherence to industry standards. Protect customer data and maintain confidentiality. Build trust through a commitment to security and data protection. 01 02 03 04 The COVID-19 pandemic has accelerated the adoption of contactless payment methods, leading to increased demand for secure payment applications and digital wallets Quality With Excellence www.testrigtechnologies.com
  • 2. 01 Cyber Security Issues That The BFSI Sector Faces In Today's World Data breaches and theft of sensitive information. Phishing and social engineering attacks. Malware and ransomware threats. Advanced Persistent Threats (APTs) targeting the sector. Advanced Persistent Threats (APTs) targeting the sector. Distributed Denial of Service (DDoS) attacks Penetration testing plays a vital role in supporting the BFSI sector by identifying vulnerabilities, strengthening security defenses, and ensuring regulatory compliance. It helps protect sensitive customer data, enhance risk management, and instill confidence in customers by demonstrating a commitment to robust security measures. 02 03 04 05 06 Quality With Excellence www.testrigtechnologies.com