The Tipping Point: Bridging the Cybersecurity Skill Gap in the Payments Industry Through Accredited Training

The global payments industry is currently undergoing a seismic transformation. What was once the domain of traditional cash and check transactions has now become a vast expanse of digital possibilities. Yet, this dazzling trajectory of global payments casts a shadow — the dark underbelly of cybersecurity threats.

Fraudsters are showing remarkable adaptability, constantly innovating around digital payment systems. With the advent of Real Time Payments (RTP), we are seeing a proliferation of new fraud types—from traditional threats like phishing and malware to emerging fraud mechanisms involving fake payment links and OTP manipulations – the cybersecurity landscape is as dynamic as it is menacing.

As we stare down the accelerating cybersecurity threats, one question looms large: Why can’t we find enough people to fight back? Importantly, how can certifications effectively bridge the substantial cybersecurity skills gap?

Our latest whitepaper ‘The Tipping Point: Bridging the Cybersecurity Skill Gap in the Payments Industry Through Accredited Training’ navigates this shifting landscape, shedding light on the critical nexus between digital payments, evolving cyber threats, the widening cybersecurity skills gap and the critical role of accredited certifications in addressing the talent deficit. The paper effectively draws a link between the skills gap and the increase in sophisticated cyberattacks, using real-world examples and case studies to illustrate this point.

What’s inside?

• Rising threats amidst the payments renaissance: Discover the seismic shift in global payments and the escalating threats fueling cybersecurity concerns.
• The brewing talent crisis: Delve into the talent abyss plaguing the payments industry, where a shortage of 350,000 cybersecurity professionals intensifies the risk of breaches.
• Repercussions beyond breaches: Uncover the deeper implications of the skills gap within the payments ecosystem impacting compliance, innovation, and operational resilience.
• Understanding the skill shortage puzzle: Explore the multifaceted aspects contributing to the scarcity of skilled cybersecurity professionals.
• The role of accredited certifications: Learn how specialized, accredited payment security training programs can help create a sustainable pipeline of skilled cybersecurity professionals.

Join us in transforming the payment security paradigm.

Download our whitepaper NOW to fortify your payment ecosystem amidst the evolving digital terrain.