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  • Cyber Security Trends in the Financial Sector

    by Dr. Christine Izuakor | Jun 03, 2019
    • financial institutions
    • financial
    • finance
    Financial gain is one of the most common motivations behind cyber-attacks, making the financial sector an attractive target for cyber criminals. Recently, it was reported that companies in finance lost nearly $20 billion due to cyber-attacks and breaches. Furthermore, it was reported that financial companies get attacked 2500x more than a typical business for a total of over one billion attack attempts in a single year. These attacks don’t just target financial institutions. They target everyone from individual consumers and account holders to corporations and governments. No entity is immune from falling prey. Here are some important trends to know about when it comes to cyber security in finance:
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