Huge jump in cyber incidents reported by finance sector
The number of cyber incidents reported by financial services firms increased nearly 12-fold in 2018 from 2017, mainly due to third-party failures, highlighting several key areas that need improvement. Financial services firms reported 819 cyber incidents to the Financial Conduct Authority (FCA) in 2018, up from just 69 incidents in 2017, according to data obtained under the Freedom … Read more