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Cyber Threat and Customer Demands Driving Security Investment
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The research service provides an analysis of the banking & finance security technology market. Frost & Sullivan anticipates that concerns about digital threats will continue to drive the banking and finance industry in all regions to make cyber security investment. With attack types and frequency increasing, the deployment of intelligent and comprehensive solutions will become essential for organisations. In addition, greater interest in the commercialisation of biometric systems will result in rapid increase in demand for logical access solutions over the forecast period, especially of more widely available technologies such as fingerprint and voice recognition. With an increasing number of security suppliers in the market, creating product uniqueness will be key for companies looking to gain market share.
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