Cybersecurity in Banking and Payments – Thematic Intelligence

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Cybersecurity in Banking and Payments Thematic Report Overview

The rapid evolution of digital banking and the growing number of interconnected devices have made it easier for customers to manage their finances through online channels. Unfortunately, this has exposed banking companies to increasing levels of cyber threats. Since the impact of cyberattacks on banks can be catastrophic, stronger measures will be needed to counter the continuously evolving cyber threat landscape. Due to the proliferation of data breaches and digital heists across the banking sector, banks must now comply with regulations that have implications for data handling, cyber risk testing, and incident reporting. Banks are also proactively exploring the prospect of using new technologies and initiatives alongside existing security controls to improve their risk postures and protect against potential future threats.

The ‘Cybersecurity in Banking and Payments’ thematic intelligence report gives you an in-depth insight into the cybersecurity theme and the ways it will impact the banking and payments industry. It further entails a deep-dive analysis of the industry. The report gives an insight into the market players and the competitive landscape within the theme.

Report Pages 65
Regions Covered Global
Value Chain ·       Hardware

·       Software

·       Services

Leading  Cybersecurity Adopters ·       ABN AMRO

·       BBVA

·       DBS

Leading  Cybersecurity Vendors ·       Accenture

·       Alphabet (parent company of Google)

·       Check Point Software

Specialist Cybersecurity Vendors ·       Armis

·       Checkmarx

·       CyberArk

Enquire & Decide Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase.

Cybersecurity - Value Chain Analysis

The cybersecurity value chain is made up of three components, hardware, software, and services. The software component can be further sub-segmented into identity management, network security, and others.

Cybersecurity Value Chain Analysis

Cybersecurity Value Chain Analysis

Buy the Full Report for More Insights into the Cybersecurity Value Chain
Download a Free Report Sample

Cybersecurity in Banking and Payments – Competitive Landscape

Leading Cybersecurity Adopters

A few leading banking companies currently deploying cybersecurity are:

  • BBVA
  • DBS

Leading  Cybersecurity Vendors

A few leading vendors associated with cybersecurity are:

  • Accenture
  • Alphabet (parent company of Google)
  • Check Point Software

Specialist Cybersecurity Vendors

A few specialist cybersecurity vendors in the banking sector are:

  • Armis
  • Checkmarx
  • CyberArk

Key Companies Deploying Cybersecurity in Banking and Payments

Key Companies Deploying Cybersecurity in Banking and Payments

Buy the Full Report to Know More about the Leading Players in the Cybersecurity Theme
Download a Free Report Sample

Payments Sector Scorecard

At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecard has three screens: a thematic screen, a valuation screen, and a risk screen.

  • The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
  • The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
  • The risk screen ranks companies within a particular sector based on overall investment risk.

Payments Sector Scorecard – Thematic Screen

Payments Sector Scorecard – Thematic Screen

Buy the Full Report to Know More about the Sector Scorecards in the Cybersecurity Theme
Download a Free Report Sample

The Cybersecurity in Banking and Payments report also includes:

  • Retail banking sector scorecard
  • Wealth management sector scorecard

Key Highlights

  • Cybersecurity efforts in the banking sector are split among those mandated by regulations, those considered to be best practices, and emerging technologies and initiatives.
  • Many cybersecurity regulations in the banking sector overlap, creating challenges for banks in dedicating resources towards compliance.
  • CISOs are critical to a bank’s cyber resilience as they work to understand cyber threats and vulnerabilities and communicate this to key stakeholders across the company.
  • Banks are also proactively exploring the prospect of using new technologies and initiatives alongside existing security controls to improve their risk postures and protect against potential future threats. Examples of these technologies include artificial intelligence, biometric identification, behavioral science, and quantum computing.

Reasons to Buy

  • Access market size and growth forecasts of cybersecurity in the banking market.
  • Identify leaders and laggards in cybersecurity across payments, retail banking, and wealth management.
  • Understand the key challenges facing the banking industry and how these challenges accelerate the need for cybersecurity.
  • Access primary research case study examples of cybersecurity vendors and investment in the banking industry.
  • Understand cybersecurity adoption using alternative datasets and analysis showing M&A activity, mentions of cybersecurity technology in company filings, and cybersecurity hiring trends in the banking industry.

Check Point Software
Dell Technologies
Goldman Sachs
JPMorgan Chase
One Identity
Palo Alto Networks

Table of Contents

  • 1. Executive Summary
  • 2. Players
  • 3. Value Chain
  • 4. Banking and Payments Challenges
  • 5. Impact Assessment

    • 5.1. The impact of cybersecurity in banking and payments
    • 5.2. The impact of banking and payments challenges on cybersecurity

  • 6. Case Studies
  • 7. Market Size and Growth Forecasts
  • 8. Cybersecurity Timeline
  • 9. Signals

    • 9.1. M&A trends
    • 9.2. Patent trends
    • 9.3. Company filing trends
    • 9.4. Hiring trends

  • 10. Companies

    • 10.1. Leading cybersecurity adopters in banking
    • 10.2. Leading cybersecurity vendors
    • 10.3. Specialist cybersecurity vendors in banking

  • 11. Sector Scorecards

    • 11.1. Payments sector scorecard
    • 11.2. Retail banking sector scorecard
    • 11.3. Wealth management sector scorecard

  • 12. Glossary
  • 13. Further Reading
  • 14. Our Thematic Research Methodology
  • 15. About GlobalData
  • 16. Contact Us

Frequently asked questions

Cybersecurity in Banking and Payments – Thematic Intelligence thematic reports
Currency USD

Can be used by individual purchaser only


Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Cybersecurity in Banking and Payments – Thematic Intelligence was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Financial Services
Wealth Management Trends and Themes in 2024
$5,250 | May 2024
Financial Services
Peru Insurance Industry - Key Trends and Opportunities to 2028
$1,450 | May 2024
Financial Services
Broker Distribution Insight 2024 - Which Insurers Lead the Way?
$1,995 | June 2024
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Cybersecurity in Banking and Payments – Thematic Intelligence in real time.

  • Access a live Cybersecurity in Banking and Payments – Thematic Intelligence dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.