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.  

Financial industry regulations such as the Payment Card Industry Data Security Standard (PCI DSS 4.0) place restrictions on how data is managed within financial institutions, and organisations must adhere or face hefty penalties as a result.

Within this report, 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

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) 

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