Major Financial Firms Suffer Data Breaches in the Past Year

Major Financial Firms Suffer Data Breaches in the Past Year

Furthermore, the report identified that 18% of the financial entities assessed had a poor cybersecurity rating (C or lower), making them four to seven times more likely to experience a data breach compared to those with the highest ratings. The researchers listed several factors that businesses should pay attention to in order to predict a data breach, including endpoint security, patching cadence, ransomware score, DNS health, IP reputation, cubit score, and network security.