How Much Does a Cybersecurity Breach Cost Financial Institutions?
Risk mitigation is nothing new for financial institutions. Cybersecurity breaches continue to plague these institutions as much or more than any other industry. The wealth of personal identifiable information (PII), financial records, and direct access to funds are highly prized targets for cybercriminals, nation-state threat actors, and various criminal enterprises.
This infographic provides highlights regarding the risk and cost of cybersecurity breaches to financial institutions.