6 New Insights On Security

… And On Finance Too

Attacks on the finance sector also rose dramatically last year, accounting for 14 percent of all attacks, compared to just 3 percent in 2015, Dimension Data found.

"The ongoing and increasing attacks in the financial services industry come as no surprise," wrote Mark Thomas, cybersecurity strategist for Dimension Data. "Cybercriminals follow the money. In addition, these organizations have large amounts of digital assets and sensitive customer data," which they can sell on the black market.

In its 2017 Data Breach Investigations Report, telecom giant Verizon said 24 percent of all data breaches last year impacted finance organizations.