Cyber attacks up 160% in finance

Pedro Gonçalves
clock • 1 min read

The number of cyber attacks on financial services more than doubled last year as a study reveals that 67% of financial organisations surveyed have reported an increase in cyber attacks over the past 12 months, while destructive attacks have increased 160% over the past year. According to Carbon Black and Optiv Security, two cybersecurity firms, the attackers have become more aggressive in their approach and developed a strong will to persist with their campaigns. "Financial institutions are grappling with some of the most sophisticated cyber crime syndicates," said Tom Kellermann, the...

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