Report: The State of Data Security in Financial Services

In our 2024 ‘The State of Data Security in Financial Services’ report, we dissect our own proprietary data to understand how financial services companies are navigating data security.

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Download Report

Explore the State of Data Security in Financial Services with our insightful report.

Within these pages, you'll find:

  • The pivotal data types that hold significance for Financial Service Companies
  • A comprehensive understanding of the risks posed by stale data and effective management strategies
  • Compelling reasons why financial institutions should prioritise attention to access controls

In the high-stakes world of financial services, data isn't just a resource—it's a liability, if not handled with care. 

Financial industry regulations such as the Payment Card Industry Data Security Standard (PCI DSS) place restrictions on how data is managed within financial institutions, and organisations must adhere or face hefty penalties as a result.

In our 2024 ‘The State of Data Security in Financial Services’ report, we dissected our own proprietary data to understand how financial service companies are navigating data sprawl, the risks of stale data, and the importance of regulatory compliance.  

Some of our key findings include: 

  • An astonishing 86% of data hasn’t been updated in over 90 days in Google Drive, giving companies a wider attack surface 
  • In Google Drive, 37% of Sensitive Public files and 60% of Sensitive External files contained Personally Identifiable Information (PII) 
  • Metomic's data security software has helped its Financial Services customers resolve over 200k (269,728) sensitive asset risks across SaaS platforms.

> Download the full "The State of Data Security in Financial Services" report to find out more.

Explore the State of Data Security in Financial Services with our insightful report.

Within these pages, you'll find:

  • The pivotal data types that hold significance for Financial Service Companies
  • A comprehensive understanding of the risks posed by stale data and effective management strategies
  • Compelling reasons why financial institutions should prioritise attention to access controls

In the high-stakes world of financial services, data isn't just a resource—it's a liability, if not handled with care. 

Financial industry regulations such as the Payment Card Industry Data Security Standard (PCI DSS) place restrictions on how data is managed within financial institutions, and organisations must adhere or face hefty penalties as a result.

In our 2024 ‘The State of Data Security in Financial Services’ report, we dissected our own proprietary data to understand how financial service companies are navigating data sprawl, the risks of stale data, and the importance of regulatory compliance.  

Some of our key findings include: 

  • An astonishing 86% of data hasn’t been updated in over 90 days in Google Drive, giving companies a wider attack surface 
  • In Google Drive, 37% of Sensitive Public files and 60% of Sensitive External files contained Personally Identifiable Information (PII) 
  • Metomic's data security software has helped its Financial Services customers resolve over 200k (269,728) sensitive asset risks across SaaS platforms.

> Download the full "The State of Data Security in Financial Services" report to find out more.

Explore the State of Data Security in Financial Services with our insightful report.

Within these pages, you'll find:

  • The pivotal data types that hold significance for Financial Service Companies
  • A comprehensive understanding of the risks posed by stale data and effective management strategies
  • Compelling reasons why financial institutions should prioritise attention to access controls

In the high-stakes world of financial services, data isn't just a resource—it's a liability, if not handled with care. 

Financial industry regulations such as the Payment Card Industry Data Security Standard (PCI DSS) place restrictions on how data is managed within financial institutions, and organisations must adhere or face hefty penalties as a result.

In our 2024 ‘The State of Data Security in Financial Services’ report, we dissected our own proprietary data to understand how financial service companies are navigating data sprawl, the risks of stale data, and the importance of regulatory compliance.  

Some of our key findings include: 

  • An astonishing 86% of data hasn’t been updated in over 90 days in Google Drive, giving companies a wider attack surface 
  • In Google Drive, 37% of Sensitive Public files and 60% of Sensitive External files contained Personally Identifiable Information (PII) 
  • Metomic's data security software has helped its Financial Services customers resolve over 200k (269,728) sensitive asset risks across SaaS platforms.

> Download the full "The State of Data Security in Financial Services" report to find out more.

Download Report