Although 75 percent of global financial services firms believed that their information security program maturity is at a high level, Deloitte reports "only 40 percent of the respondents were very confident that their organization’s information assets were protected from an external attack."
"And that is for the larger, relatively more sophisticated financial services companies. For mid-tier and small firms, the situation may be much worse, both because resources are typically scarcer and because attackers may see them as easier targets."
Sixty percent of surveyed firms were unable to stop exploits because of outdated or insufficient threat intelligence.
Becca Lipman is Senior Editor for Wall Street & Technology. She writes in-depth news articles with a focus on big data and compliance in the capital markets. She regularly meets with information technology leaders and innovators and writes about cloud computing, datacenters, ... View Full Bio