Community Banks continue to be prime targets for cybercriminals due to the highly confidential nature of the data they possess. Adding to the complexity of protecting sensitive data, they must also comply with stringent federal and state regulations and industry compliance requirements.

While they are expected to battle all the same challenges, Community Banks typically have smaller operating budgets and fewer resources than larger regional or national financial institutions. Lack of visibility across a patchwork of siloed systems, compliance and reporting obligations and overburdened teams distilling thousands of alerts from multiple systems compound the banking industry's ongoing challenge to fortify defenses against increasingly sophisticated attacks.