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Executive Brief

Transforming Banking and Financial Services Security with Zero Trust

CISO Strategies for Strengthening Data Protection and Compliance in High-Stakes Financial Environments

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AI adoption is accelerating. Cloud ecosystems are expanding. Regulatory scrutiny is intensifying. 

Across APAC, banking and financial institutions are modernising core systems, deploying GenAI use cases, and embracing hybrid and multi-cloud environments. But traditional perimeter-based security models are no longer equipped to protect distributed users, APIs, AI workloads, and real-time financial transactions. 

In today’s borderless digital ecosystem, zero trust is no longer optional—it is foundational. 

This executive brief explores how zero trust security is becoming the foundational blueprint for BFSI institutions navigating: 

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AI governance and secure GenAI deployment

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Multi-cloud and hybrid security complexity

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Identity-centric access control

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Regulatory alignment across MAS, BNM, RBI, BSP, OJK and more

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Real-time threat detection and cyber resilience

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ABOUT THE ANALYST

Rajarshi Dhar

Rajarshi Dhar is a Security Industry Consultant and Associate Director at Frost & Sullivan

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Frost & Sullivan

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