Most equipment leasing and finance companies have some form of cybersecurity defense in place, but they are still vulnerable to cyberattacks due to advancing tactics and techniques used by modern attackers, according to a new study, Cyber Risk and Security in the Leasing and Finance Industry, from the Equipment Leasing & Finance Foundation. The report provides analyses of current and future industry threats, cyber defenses, regulations and trends in compliance as well as practical advice for securing any organization.
Issues covered in the study include:
“As the equipment finance industry continues its rapid adoption of technology and digitalization, cyber risk and cybersecurity are critical concerns,” Tom Ware, research committee chair for the ELFF, said. “This thorough study provides valuable insights and actionable steps for equipment finance professionals to use in securing their organizations.”
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