As the financial industry is the most targeted sector for data breaches in 2024, it’s now more important than ever to strengthen the industry moving into 2025, according to SailPoint. Financial institutions face growing cyber threats In 2024, roughly 65% of financial organizations worldwide reported experiencing a ransomware attack, compared to 64% in 2023 and 34% in 2021. 46% of financial companies recorded indicated they had a breach in just the last 24 months. 80% … More → The post 46% of financial institutions had a data breach in the past 24 months appeared first on Help Net Security.

  • @Sanctus
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    English
    33 days ago

    I’m telling everyone the erosion of security is a direct result of profit chasing entities that do not want to spend money on security or upgrading/maintaining proper security. This will continue to happen, and get worse.