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Following the recent Wonga security breach, Gary Watson, Founder and VP of Technical Engagement at Nexsan addresses how it is imperative financial organisations protect and safeguard customer data.

Gary Watson, Founder and VP of Technical Engagement says: "Information is the life blood of any financial institution and organisations have a responsibility to safeguard customer data. The Wonga breach has not only potentially affected 245,000 customers, but it may also have a long-term impact on the company’s reputation. It is critical that financial organisations ensure that data is stored and shared in a way that is highly secure, guarded against both internal and external threats. The reason is two-fold - to meet tough regulatory requirements as well as protect customers’ core private information.”