Insights |Cyber Security

30th September 2021

Cyber threats to the banking industry

The cyber threat to financial institutions is growing at a staggering rate.

As reported by The Financial Conduct Authority, British financial service companies have seen a fivefold rise in data breaches since 2018 compared with previous years. As the number of cyber threats continues to increase, a stark reality is setting in for many financial institutions: that if they are currently not confident in their ability to manage their current threat level, they might soon find themselves sta...
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