Top

Setting a cyberattack defense

January 30, 2017

Experts say two types of banking organizations exist today—those that have been breached and those that will experience a breach.

A study by Raytheon and Websense found that financial services organizations see three times as many attack attempts by cybercriminals than other industries. Gartner estimates that by 2020, global spending on preventing and remediating cyberattacks will hit $170 billion.

Many more statistics could be cited, but the bottom line is, what can financial institutions do to improve cybersecurity preparedness?

Read More on Banking Exchange