Finance & Banking , Fraud Management & Cybercrime , Industry Specific

Survey: State of Security Automation in Financial Services

To What Extent Have Global Institutions Automated Detection and Response?
Josh Zelonis, field CTO and evangelist, Palo Alto Networks; Sid Srivastava, managing director, Accenture

When it comes to advanced threat response, 42% of financial institutions say their current abilities are average. Only 35% say automation currently plays a strong role. Josh Zelonis of Palo Alto Networks and Sid Srivastava of Accenture analyze the State of Security Automation in Financial Services.

In this video interview with Information Security Media Group, Zelonis and Srivastava review results of this new survey sponsored by Palo Alto Networks and Accenture, and they discuss:

  • Gut reactions to the survey findings;
  • The emerging role of automation in detection and response;
  • How institutions can embrace automation to overcome their alert overload and inefficient response.

Zelonis works closely with organizations to help them adapt their architecture, policies and processes to stay ahead of evolving threats and limit the potential impact of incidents. As a former Forrester analyst and cybersecurity tech founder, he has spoken at major conferences around the world and published on subjects including security analytics, cyber intelligence, vulnerability management, SOC operations and incident response.

Srivastava is an experienced cybersecurity professional with more than two decades of industry experience in security consulting, building, integrating and delivering large Managed Security Service programs. He has worked with clients in healthcare, pharma, insurance, manufacturing, finance and retail to help improve business cyber resilience. Partnering with multiple CXOs, he's helped build and transform their SOCs to position security as a business enabler, accelerating growth.

About the Author

Tom Field

Tom Field

Senior Vice President, Editorial, ISMG

Field is responsible for all of ISMG's 28 global media properties and its team of journalists. He also helped to develop and lead ISMG's award-winning summit series that has brought together security practitioners and industry influencers from around the world, as well as ISMG's series of exclusive executive roundtables.

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