Financial Institution Cyberattack Risks Are Growing
For a financial institution, cyberattacks are a top concern and no wonder: financial services account for 35% of all data breaches and are 300 times more likely to be attacked than other verticals. Naturally, the criminals are following the money. They are getting more sophisticated with each passing year, adding extortion, fraud, and theft to their bag of tricks. It’s time to take a good look at your financial institution cybersecurity strategies; is your plan up to the challenges?