Cyberattacks against the financial services industry are becoming increasingly sophisticated and frequent these days.
With large financial gains and information such as personally identifiable information available to even modest attackers, it's no wonder financial firms are increasingly targeted by cyber-thieves. According to Verizon's 2016 Data Breach Investigations Report, 89% of breaches last year were motivated by greed or espionage.
And the findings for financial services hold true. As confirmed in CyberEdge's 2016 Cyberthreat Defense Report, 45% of financial firms experienced up to five breaches in the past year.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
