Whitepapers & Reports
April 10, 2024

The State of Data Security in Financial Services

In our 2024 ‘The State of Data Security in Financial Services’ report, we dissected our own proprietary data to understand how financial services companies are navigating data security.

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In the high-stakes world of financial services, data isn't just a resource—it's a liability, if not handled with care. 

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

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.  

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) 
  • Metomic has helped its Financial Services customers resolve over 200k (269,728) sensitive asset risks across SaaS platforms

Download the full report to find out more.

In the high-stakes world of financial services, data isn't just a resource—it's a liability, if not handled with care. 

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

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.  

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) 
  • Metomic has helped its Financial Services customers resolve over 200k (269,728) sensitive asset risks across SaaS platforms

Download the full report to find out more.

In the high-stakes world of financial services, data isn't just a resource—it's a liability, if not handled with care. 

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

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.  

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) 
  • Metomic has helped its Financial Services customers resolve over 200k (269,728) sensitive asset risks across SaaS platforms

Download the full report to find out more.

Download Report