Cyberattacks threaten big losses and PR crises for financial services firms
Cyberattacks threaten big losses and PR crises for financial services firms With data breaches causing an average loss of $4.2 million, financial services firms are laser-focused on cloud vulnerabilities, attacks against internet-of-things devices and other prevalent threats. New research shows the sector increasing its security investments again this year, as it continues to fight on multiple fronts. Research for the report, âFirms Face Financial Losses and Reputational Damage from Cloud Network Attacks and Data Breaches,â was und...
Source: scmagazine.com