Cybersecurity insights 2023: Budgets and benchmarks for financial services institutions

Published on: Oct 30, 2023

This report explores Deloitte's 2023 Cybersecurity for financial services survey, highlighting three key trends in the industry. Despite budget constraints, cybersecurity remains a top concern. Digital transformation is the main driver, accompanied by increasing regulatory pressure. Notably, cybersecurity functions are shifting focus towards understanding business impact and risks, reflecting its growing strategic role within financial organizations. The report emphasizes the need for a comprehensive approach to address budget limitations, align with digital transformation, and meet overarching business objectives.

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