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Financial Services Cybersecurity Training

Finance firms lose an average of $5.9 million per data breach – 28% higher than the global average. With Jericho Security's cybersecurity solutions for banks and finance companies, you can deliver digital banking services with the highest level of compliance and data security.

  • $15 million per year is the average cost of phishing in the US.
    (Source: The Cost of Phishing Attacks in Financial Services)
  • 65,000 hours lost productivity hours to recovery efforts.
    (Source: Phishing Attacks: The Hidden Costs for Financial Services, 2020)
  • $6 million dedicated to recovering from phishing attacks.
    (Source: Phishing Attacks: A Growing Threat to Financial Services, 2019)
Two financial advisors reviewing pie chart on desk

Boost cybersecurity for fintech with financial
services security awareness training

Cybersecurity in financial services is more important than ever. Financial institutions handle large quantities of highly sensitive data, making them prime targets for cyberattacks. Jericho Security's cyber security training for financial institutions promotes security awareness and readies your team for the unforeseen, helping you protect your company's valuable resources while reducing both risk and downtime.

Reduce the risk of data breaches

Human error is a key factor in most successful data breaches. But many cybersecurity solutions for finance companies downplay its significance. By training employees to recognize and avoid phishing attempts, Jericho helps you significantly reduce the risk of unauthorized access to sensitive information.

Jericho Security transformed our approach from a one-size-fits-all model to a dynamic, AI-driven solution tailored to our needs.

Man using laptop to access financial services cybersecurity training by Jericho

Improve response times

Delayed response times lead to widespread damage. By implementing regular drills, your team can respond to potential cyberattacks quickly and effectively.

Jericho’s cost-effective solution, with its customizable training
modules and dynamic messaging, was exactly what we needed.

Two men completing financial services cybersecurity training on laptop

Strengthen overall security

Continuously improve your company’s security measures through regular training sessions and simulations. A proactive approach equips employees to handle cyber threats, keeping sensitive financial data safe and secure.

We’ve moved from being reactive to proactive, effectively stretching our team to better recognize and respond to threats.

Two women using tablet to access financial services cybersecurity solutions by Jericho
Top Threats

Top cybersecurity threats for finance companies

1. Data breaches

Data breaches expose sensitive customer information, leading to financial loss and damage to your company’s reputation. Protecting data from unauthorized access is an essential part of cybersecurity in the financial sector.

2. Mobile and tablet app vulnerabilities

Fintech apps on mobile devices can be targets for cyberattacks. To prevent breaches, security awareness training should accompany regular system updates and security checks.

3. Phishing scams

Phishing scams trick employees into revealing confidential information. Training employees to recognize and avoid these scams is vital for cybersecurity in the financial sector.

4. Ransomware attacks

Ransomware attacks can lock you out of critical systems while hackers demand payment for access. Having a strong defense and response plan for cybersecurity in financial services is critical to prevent breaches and minimize damage.
Why Jericho?

Why choose Jericho Security for financial services cybersecurity?

Generate AI-powered cybersecurity simulations

Jericho creates realistic, AI-powered simulations to test and train your employees on recognizing and avoiding cyber threats. These simulations help staff gain practical experience in recognizing and dealing with potential attacks.

Security awareness training for financial institutions

Our tailored training programs are designed specifically for the financial sector, addressing the unique challenges and risks it faces. Regular training sessions keep your team informed and vigilant against cyber threats.

Track, analyze, and iterate on training performance

Jericho provides detailed analytics to track the effectiveness of your training programs, highlighting strengths and areas for improvement. This data allows you to continuously refine and enhance your cybersecurity training efforts.

FAQs About Financial Services Cybersecurity

What is cybersecurity in fintech?

Cybersecurity in fintech involves protecting financial technology systems from cyber threats and ensuring the safety of sensitive financial data and transactions. It includes measures to prevent unauthorized access, data breaches, and cyberattacks. Effective cybersecurity in financial services is essential for maintaining trust and security among customers.

The fintech industry faces several vulnerabilities and is at a high risk of data breaches, phishing attacks, and malware. Mobile app security and transaction fraud are significant concerns due to the high volume of financial transactions. These vulnerabilities in cybersecurity in the financial sector can lead to economical loss, reputational damage, and legal issues.

Jericho’s training programs use engaging and informative content to educate employees on identifying and responding to cyber threats. Our AI-powered simulations provide hands-on experience, allowing staff to practice recognizing and avoiding potential attacks. This comprehensive approach improves overall security awareness and reduces the risk of successful cyberattacks.

Jericho Security combines AI-powered simulations with real-time threat intelligence, offering tailored cybersecurity solutions for finance companies. Our platform provides dynamic, multi-modal training for email, SMS, voice, and deepfake threats—ensuring financial institutions are prepared for today’s most sophisticated attacks.

Our training programs align with key regulatory requirements, helping your organization stay compliant with industry standards like FFIEC, GLBA, and SOX. Employees receive role-based training to reduce risk and improve audit readiness, supporting cybersecurity in the financial sector.

Yes. Jericho’s platform is designed to scale with your organization, whether you're a startup or a global financial services provider. Our flexible deployment options and detailed analytics ensure effective cybersecurity for fintech at every stage of growth.

We recommend quarterly training sessions combined with monthly phishing simulations. Cyber threats evolve quickly, and consistent training helps maintain strong cybersecurity in financial services while minimizing human error.

Jericho’s simulations cover a wide range of threats, including spear phishing, business email compromise (BEC), ransomware, vishing (voice phishing), smishing (SMS phishing), and deepfake attacks. These realistic scenarios help financial institutions stay ahead of the latest cybersecurity threats.

Yes. Jericho offers a freemium model—unique in the cybersecurity space—that allows financial institutions to test our platform before purchase. Experience our cybersecurity solutions for banks firsthand and see measurable results before scaling across your organization.

When it comes to cybersecurity for financial services think Jericho!

Cybersecurity in financial services is essential to protect sensitive data and maintain trust. At Jericho Security, our solutions help employees recognize and respond to cyber threats, reducing the risk of successful attacks.

By integrating Jericho’s training into your operations, you ensure continuous education and a vigilant workforce.

Take the first step toward improving your cybersecurity today by scheduling a demo. Protect your data, secure your operations, and maintain your reputation with Jericho Security.

Book a Demo