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Becca Lipman
Becca Lipman
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Cyber Risk Is World’s Third Corporate-Risk Priority

Financial services topped the list of 26 different industries that cyber criminals most targeted.
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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Sixty percent of surveyed firms were unable to stop exploits because of outdated or insufficient threat intelligence.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

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Nathan Golia
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Nathan Golia,
User Rank: Author
3/13/2014 | 5:59:16 PM
re: Cyber Risk Is World’s Third Corporate-Risk Priority
Regarding FIs status as the top cyber target: "That's where the money is." If online art could be flipped for a profit I wonder if we'd have international online art thieves, who suavely infiltrate the esteemed world and charm their way to a fortune.
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