BFSI stands for Banking, Financial Services, and Insurance. It refers to a sector of the economy that provides financial services, such as banking, investment, insurance, and other related services. This industry is critical for the functioning of modern economies and plays a significant role in driving economic growth and development. The BFSI sector includes a range of institutions, such as commercial banks, investment banks, insurance companies, credit unions, mutual funds, and other financial intermediaries.

The ThreatNG Security all-in-one external attack surface management, digital risk protection, and security ratings platform can help BFSI organizations in several ways:

• Identify and manage external attack surface: The platform can help BFSI organizations identify and manage their external surface by providing a comprehensive view of all their internet-facing assets, including websites, mobile apps, APIs, and cloud services. This visibility allows organizations to quickly identify and address potential vulnerabilities and reduce their overall attack surface.

• Monitor and mitigate digital risks: The platform can help BFSI organizations monitor and reduce digital risks by continuously scanning the internet for potential threats, such as phishing sites, fake mobile apps, and social media impersonation. The platform can also help organizations quickly detect and respond to data breaches and other security incidents.

• Evaluate third-party security posture: The platform can help BFSI organizations evaluate the security posture of their third-party vendors and partners by providing security ratings based on their external attack surface, digital risks, and compliance posture. This information can help organizations make informed decisions about third-party relationships and manage supply chain risks effectively.

• Compliance and regulatory requirements: The platform can help BFSI organizations comply with regulatory/compliance requirements and provide continuous monitoring and reporting on compliance status, vulnerabilities, and threats, helping organizations stay compliant and avoid costly penalties.