Banking industry, today, has forayed ahead of the digital tipping point. The industry is accumulating impetus towards transformation owing to the wave innovative technology disruptions. However, the security paranoia does not cease to afflict the sector—especially with electronic wireless payments and the adoption of Internet of Things, leading to threats, as well as reputation of banking and financial companies.

With the tactics used by cyber-criminals grow more sophisticated, the banking and financial institutions are accentuating the need to meet security, compliance and the bottom line, along with customer-facing initiatives. Along the same lines, these organizations are taking a more holistic approach towards cybersecurity to build robust systems for protecting their infrastructure, network, endpoint and the cloud. There is also an increased reliance on Big Data for security insights, encryptions to secure online connection, firewalls to block unauthorized access and a myriad of other technologies to prevent cyber frauds.

With scores of solution providers offering innovative products for security, it has become challenging for CIOs to select the right vendor. To help organizations select vendors offering the most promising solutions, Banking CIO Outlook presents the “Top 10 Security Solution Providers" for the banking sector.

A distinguished panel of prominent CEOs, CIOs, CFOs, VCs, and analysts, along with the Banking CIO Outlook’s editorial board has assessed hundreds of security solution providers and shortlisted the ones that are at the forefront of providing cutting-edge technology solutions. The listing provides a look into how the solutions in this domain are put into use, so that you can gain a comprehensive understanding of how they will optimize and secure your business processes.

We present to you Top 10 Security Solution Providers 2016.