Edison, NJ -- (SBWIRE) -- 09/08/2021 -- Advance Market Analytics published a new research publication on "Global Cyber Security in BFSI Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cyber Security in BFSI market was mainly driven by the increasing R&D spending across the world.

Some of the key players profiled in the study are:
IBM Corporation (United States),Hewlett Packard Enterprise (United States),McAfee LLC (United States),Trend Micro Inc. (Japan) ,Symantec Corporation (United States) ,Check Point Software Technologies Ltd. (Israel),Cisco Systems Inc. (United States) ,Palo Alto Networks Inc. (United States),Juniper Networks Inc. (United States),Fortinet Inc. (United States),FireEye Inc. (United States),Sophos Ltd. (United Kingdom) ,Rapid7 Inc. (United States),EMC RSA (United States)

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Scope of the Report of Cyber Security in BFSI
As increasing risks of cyber threats, for these financial institutes such as Banks are facing the huge challenge of data breaches and having a strong requirement for strengthening cybersecurity postures. The financial sector faced thrice the cyber-attacks as compared to other industries. The increase in digital transactions rapidly is the major driver behind banks are investing in cybersecurity. For instance, Bank Negara Indonesia invested around Rp 800 billion for the development of digital banking in FY 2019. This type of investment majorly happens to improve the security system banking sector.

The titled segments and sub-section of the market are illuminated below:
by Type (Solutions (Encryption, Antivirus/Anti-Malware, Firewall, Disaster Recovery, Others), Services (Risk & Threat Assessment, Consulting, Others)), Application (Banking, Insurance Companies, Family Offices, Other Financial Institutions), Deployment Mode (On-Premises, Cloud-Based), Breaches (Priviledge Misuse, Miscellaneous Error, Web Attacks, Crimeware, Point Of Sale, Others)

Market Trend:
- Increase Adoption of Mobile Apps and Web Portals
- Third Parties Will Continue To Be a Target
- Rise Cases of Cryptocurrency Hacks

Market Drivers:
- Increase In Financial Data Losses Including Card Data, Personal Identifiable Information Etc.
- Unauthorized Access To Bank’s Network and Systems
- Increase Demand for Secure Sensitive Customer Information

Market Opportunities:
- The rise in E-Commerce Penetration across Industry Verticals
- Rising Internet Penetration Globally
- Increasing Investment in Cloud-Based Services and Solutions

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Cyber Security in BFSI Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Cyber Security in BFSI market
Chapter 2: Exclusive Summary – the basic information of the Cyber Security in BFSI Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Cyber Security in BFSI
Chapter 4: Presenting the Cyber Security in BFSI Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Cyber Security in BFSI market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Cyber Security in BFSI Market is a valuable source of guidance for individuals and companies.

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