We provide committed and comprehensive cyber security services to secure critical education data and processes

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Banks and financial institutions are some of the leading victims of cyber attack

In fact, finance is the second highest breached sector, with almost 60% of breaches resulting from malicious attack and over 30% resulting from human error. For customers, employees and other stakeholders, these are worrying statistics.

It’s vital that you are able to give customers and stakeholders the confidence that your business and their information are secure. This can be a difficult when cyber criminals are frequently honing their attack techniques, looking to gain financially via extortion, theft, and fraud. An equally worrying factor is the increased attack surface caused by rapid digitalisations. Technological innovations might be leaving you and your customers open to unprepared for risks.

Top threats to banks and the finance sector

Below are some of the most concerning cyber threats to the financial industry:

Malware

Malware refers to a variety of malicious code such as ransomware, spyware or trojans. These attacks cause extensive damage and often lead to the theft of critical data. Once data is breached, it is often held ransom or sold on the dark web.

Distributed Denial-of-Service

DDoS attacks overwhelm the network and cause critical services to be disrupted or halted. These kinds of attacks are often motivated by political or ideological beliefs, and like ransomware campaigns, are typically easy to deploy as a service. In some situations, DDoS attacks can make patient care impossible because they hinder access to important records.

Phishing

Attackers pose as a legitimate individual or institution to lure victims into providing credentials or other sensitive information. This is the leading source of malicious attacks across a majority of industries, with credential compromise as the ultimate goal.

The World Cloud approach

At World Cloud, we understand the daily challenges that the education sector faces in securing critical information and applications from threat.

Our team of security specialists has a wealth of industry experience, with large years in the information security sector. Over the years we have assisted many public and private health institutions in the maintenance of their operations. Our tried and tested approach to securing healthcare organisations involves balancing privacy, protection and productivity. We understand the need to continuously provide and improve patient care and we therefore collaborate with healthcare providers in order to strategically close any gaps caused by industry innovation.

What we do

Some of the services we provide include:

Identity and Access Management

Ethical hacking is our passion. During penetration tests our experts simulate real attacks on your environment to disclose hidden weaknesses that real attackers seek to exploit. We then provide a prioritised and actionable report with recommendations for improvement. This is a vital part of staying on top of evolving threat and we also offer more in-depth red teaming services.

 

Penetration Testing

Ethical hacking is our passion. During penetration tests our experts simulate real attacks on your environment to disclose hidden weaknesses that real attackers seek to exploit. We then provide a prioritised and actionable report with recommendations for improvement. This is a vital part of staying on top of evolving threat and we also offer more in-depth red teaming services.

 

PCI DSS Compliance

We are a Qualified Security Assessor (QSA) under the Payment Card Industry Security Standards Council (PCI SSC). Our experienced consultants help clients comply with the Payment Card Industry Data Security Standard (PCI-DSS). We not only assist clients in developing a strategy to bring their organisation to compliance but perform a final assessment to validate compliance.

Gap Analysis

During a gap analysis, we conduct a review on the organisation’s processes, policies and technology. From this review we are able to gauge the performance of these controls and work towards maximising their potential. We work closely with your management team to identify and establish the business context and requirements of your information security strategy.

ISO 27001 Compliance

We help organisations gain and maintain ISO 27001 compliance by implementing scaled information security management systems (ISMS) that protect crown jewels, such as personally identifiable information (PII) and financial details. We improve the effectiveness of existing security controls and establish a framework that will meet standard requirements.

Data Breach Notification

We ensure you are compliant with the Notifiable Data Breach scheme by documenting the flow of Personally Identifiable Information (PII) within your organisation, outlining a roadmap for security success, and quantifying your level of risk to management and board executives. We help organisations report and investigate breaches, and further avoid hefty regulatory fines.

Need to achieve Compliance? The first step is to undertake a gap analysis of your current level of compliance with legislation or standards.

 

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Ready to start? Let’s talk today about your cyber security needs

If you need support aligning your security strategy, protecting your digital assets or managing your defenses, Sahab World can help. Schedule a time with one of our Directors today.