Countering Cyber-crime in Financial Services: Keeping Your House in Order
This report provides an overview of the cyber-threats faced by financial institutions in 2016. Financial services sector companies are re-investing vast sums of money to enhance their cyber-security – an estimated USD 9.5bn was spent in 2015 in the US alone. Firms are recruiting former government intelligence officers and hackers to help increase their organisations’ resilience to cyber-attack. However, systems vulnerabilities are still regularly exposed by sophisticated attackers. Financial institutions and governments are working to address these threats by creating organisations designed to collate and share the information needed to offset the risks posed by the activities of cyber-criminals.
https://research.greyspark.com/2016/countering-cyber-crime-in-financial-services/
