What Gartner’s 2022 Security Risk Predictions Mean for Your Business

Explore the rise of cloud-native neobanks and the success factors for thriving in the digital banking industry.

Cybersecurity in banking is critical as cybercriminals increasingly target banks, credit unions, and other financial institutions (FIs).

As the cybersecurity landscape continues to evolve, banks and financial institutions become more desirable and vulnerable targets for cybercriminals leveraging ever more sophisticated capabilities. These bad actors are attracted to banks and financial institutions because of the large sums of money they handle and the valuable personal and institutional data they store. As a result, cybersecurity must become a top strategic priority for these organizations.

In 2021, roughly 3.9 million workers quit their jobs every month, breaking the previous record of 3.5 million in 2019, SHRM reports. This was in part due to the increasing demand for technical talent and the lack of qualified candidates to fill these positions. In December 2021,

With the advent of digital banking, more and more people are banking remotely via their personal computers and mobile devices. But while digital banking options have been on the rise for years, physical bank and credit union branches are still important to consumers.

In 2022, patients and healthcare providers have come to accept telehealth as a legitimate tool in clinical care. McKinsey reports a 38-times increase of telehealth usage versus before the pandemic as well, driven in part by mobility restrictions associated with the COVID-19 pandemic.

Today’s smart digital technologies have been critical to overcoming the early disruptions of the 2020s. Artificial intelligence (AI) is at the heart of this transformation, where 50% of companies had already adopted AI in at least one business function in 2020, McKinsey reports. Modern applications include manufacturing, customer service,