Cybersecurity for Financial Services & Banking

Threat actors ranging from organized cybercrime syndicates (FIN7, FIN8, Carbanak) to nation-state APTs actively target banks, credit unions, payment processors, and FinTech platforms for financial gain, data theft, and fraud. At the same time, regulators continue to increase scrutiny, with examinations becoming more technically rigorous each year.

VerSprite partners with financial institutions to build security programs that anticipate real attacker behavior—not just check compliance boxes.

Financial-Specific Threats We Help You Defend Against

Unlike generic security assessments, our engagements focus on the attack patterns actually used against financial institutions:

How We Work with Financial Institutions

PASTA Threat Modeling for Financial Services

Our PASTA (Process for Attack Simulation and Threat Analysis) methodology was built to align security with business risk—making it ideal for financial services environments where regulators and executives need to understand threats in business terms.

We apply PASTA to:

• Digital banking platforms — Identify abuse cases before attackers do
• Payment applications — Model fraud scenarios across the transaction lifecycle
• M&A and integration security — Assess acquired FinTech and legacy system risks
• Open Banking & API ecosystems — Evaluate OAuth flows, consent management, and data exposure

Learn more about PASTA →

Red Teaming & Adversary Simulation

Compliance doesn’t equal security. We help financial institutions go beyond checkbox assessments with realistic adversary simulations that test your detection and response capabilities against financial sector TTPs.

“CSOs/CISOs recognize that being 100% PCI and regulation-compliant is not a guarantee of security, particularly when protecting personal and financial data that holds a high target value.”
— CreditShop CISO, VerSprite Case Study

Read the CreditShop Case Study →

Zero Trust Implementation

We help financial institutions meet regulatory requirements—but we do it by building genuinely secure environments, not by optimizing for audit artifacts.

Regulatory frameworks we support:

• PCI DSS (including scope reduction and segmentation validation)
• SOX IT controls and access management
• GLBA safeguards and privacy requirements
• FFIEC CAT and cybersecurity maturity assessments
• State privacy laws (CCPA, NYDFS 500, state breach notification)
• AML/KYC program security controls

Our approach: translate regulatory requirements into actionable security controls, automate evidence collection, and ensure your security program satisfies examiners while actually reducing risk.

Learn about our Regulatory Compliance services →

Industries We Serve:

• Commercial and retail banks
• Credit unions
• Payment processors and gateways
• FinTech and digital lending platforms
• Investment firms and wealth management
• Insurance companies
• Cryptocurrency and digital asset platforms

Services for Financial Institutions

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Whether you’re preparing for an FFIEC examination, evaluating a FinTech acquisition, or testing your fraud detection capabilities, we can help.

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