Global financial stability is facing an unprecedented threat due to the escalating frequency and sophistication of cyberattacks. According to a recent report by the International Monetary Fund (IMF), the financial sector continues to be a prime...
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Posted by
Hanni Barry on August 26, 2024
Posted by
Oren Dvoskin on August 28, 2023
“If an attacker successfully hacks our workstations or trading terminals, they’d have full access to the firm’s critical infrastructure.” This quote from a Chief Information Security Officer at a leading US-based hedge fund shines a light on the...
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Posted by
Mitchell Hall on October 18, 2022
“When,” not “if.” For financial cybersecurity teams, dealing with regular cyberattacks is part of the job. Almost 23 percent of all cyber attacks were aimed at financial institutions in 2021. And 63 percent of financial institutions experienced an...
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Posted by
Matthew Delman on April 15, 2021
Cybercrime is rising across all levels of industry and government. Nowhere is this more apparent than in financial services. Firms like banks and credit unions experience attacks nearly 300 times more often than other industries. This is even...
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