open banking security
Attention Business and Technology Editors

PRESS RELEASE: NOVEMBER 5, 2024

73% of Financial Institutions Report Increased Cyber Threats: OTSEC Canada Launches Open Banking Security Solutions

OpenBankingSecurity.com provides tailored Operational Security (OT) solutions for the financial sector.

Toronto, Canada, November 5, 2024 – A recent survey reveals that 73% of financial institutions have encountered heightened cyber threats, highlighting the urgent need for robust security measures in the open banking landscape. In response, OTSEC Canada is excited to announce the launch of OpenBankingSecurity.com, a platform dedicated to delivering tailored Operational Security solutions designed to safeguard sensitive financial data in open banking ecosystems.

Visitors to OpenBankingSecurity.com can access a free brochure on risk assurance and compliance, providing essential information on securing financial operations and mitigating risks.

“Enhancing security in the open banking sector is crucial for protecting customer data and maintaining trust,” said Claudiu Popa, CEO of OTSEC Canada. “Our new platform offers the expertise and tools necessary for financial institutions to navigate this complex environment successfully.”

Key Benefits of OpenBankingSecurity.com:

  • Customized Security Solutions: Tailored operational security tools to fit the unique needs of financial institutions.
  • Risk Assurance and Compliance: Resources to ensure adherence to regulatory standards and best practices.
  • Expert Guidance: Support from industry professionals with extensive experience in cybersecurity.
  • Proactive Threat Management: Tools to identify and mitigate risks before they impact operations.

OTSEC Canada invites financial organizations to explore partnership opportunities aimed at strengthening their cybersecurity strategies and protecting their operations. Together, we can address the challenges posed by increasing cyber threats. Visit www.OpenBankingSecurity.com to learn more about how we can help secure your financial institution.

About the Company:

OpenBankingSecurity.com is a project by the Informatica Group of Companies.

Datarisk Canada and Managed Privacy Canada specialize in managed security and privacy solutions for the small and mid-size market, with products and solutions designed to meet the growing needs of approved professional associations.

MEDIA QUESTIONS:

Media and interviews: Claudiu Popa, Risk Advisor
[email protected]
Follow OTSEC on Twitter:@otsec019 or at
https://Facebook.Datarisk.ca and
https://LinkedIN.OTSEC.ca