Industry News: Cyber

Cyberattacks Are 300 Times as Likely to Hit Financial Firms than Other Companies. A Sweeping New Report Finds they’re Not Prepared.

Written by Cybersecurity | Jun 28, 2019 3:59:37 PM

2019-06-20

Business Insider: Cybersecurity is a growing threat for global financial institutions, yet most of them are ill-prepared to respond within their current infrastructure, according to new report. The cost of dealing with a cyberattack’s aftermath is particularly high for wealth managers and banks, Boston Consulting Group found in its annual report on global wealth-management trends. ...

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