Safe Systems, a national provider of fully-compliant IT and security services for community banks and credit unions, has published a free white paper, "Ransomware and The Evolving Security Landscape of Today's Financial Institutions," which is now available for download on its website.

Financial institutions are facing increased pressure to provide enhanced consumer protection against sophisticated malware, ransomware and fraudulent activities, but often fail to adequately protect themselves and their customers. Safe Systems' white paper addresses the main vulnerabilities that enable financial institutions to be compromised and outlines key steps to reduce common security gaps. Additionally, this paper covers the evolution of security threats in the banking industry, the current cyber threats that community banks and credit unions are facing, and how financial institutions can better secure banking data and prevent cyber-attacks in today's cybersecurity landscape.

"With the rise in ransomware and other cyber-attacks, it is important for financial institutions to have an increased focus on cybersecurity in order to develop and implement a proactive defense to thwart malicious attacks and safeguard sensitive, financial data," said Darren Bridges, president of Safe Systems. "Our white paper outlines key changes in the security landscape that have led to increased cyber threats and vulnerabilities and provides actionable information to help community banks and credit unions improve their institution's IT security strategy."