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Despite financial services firms suffering only 6% of all 2019 breaches the incidents caused more damage to financial organizations than other sectors, accounting for more than 60% of all leaked records. 

That was one of the revelations from the 2019 “Financial Breach Report,” from Campbell, Calif.-based Bitglass, which supplies cloud security solutions. The report analyzed the latest security trends, the largest breaches and the top threats facing the financial industry

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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