2024 Cybersecurity Report: Leaders & Laggards In Banking & Payments
The "Thematic Intelligence: Cybersecurity in Banking and Payments" report projects the global cybersecurity market in banking to reach $25.1 billion by 2027, growing at a CAGR of 15.2% from $12.3 billion in 2022. The report provides an in-depth analysis of cybersecurity in the banking sector, covering the value chain, key challenges, and market dynamics. It highlights how banks, which are prime targets for cyberattacks due to their sensitive customer data and digital operations, need enhanced cybersecurity measures to address evolving threats.
The report also details the split between mandated cybersecurity regulations, best practices, and emerging technologies such as AI, biometric identification, and quantum computing. It offers insights into the impact of these measures, challenges, and technological advancements on the banking sector. Additionally, the report identifies market leaders and laggards, explores case studies, and provides growth forecasts, helping stakeholders navigate the cybersecurity landscape in banking.
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