Security challenges slow down innovation in the financial sector

Organizations in the financial services sector are forced to innovate in order to stay relevant. At the same time, innovation is being slowed down by the need to keep data and applications safe, putting organizations in this vertical in quite a tough spot. This conclusion was given out in a new report by Claranet. The report says that striking the right balance between innovation and security is becoming a "key competitive differentiator" in the sector. The report itself is based on a poll of 138 IT and digital decision makers in financial services. Among those, more than half (57 percent) said… [Continue Reading]