Cyber Criminals are Costing Your Bank $18 Million... PER ATTACK. Is it time to play offense?
Cyberattacks cost targeted firms in the financial sector an average $18 million per incident, $6 million more than similar attacks in other sectors. Additionally, financial institutions also fall victim to cyberattacks 300 times more often than businesses in other industries, a rate that has tripled over the last five years. While the typical American business is attacked 4 million times per year, the typical American financial services firm is attacked a staggering 1 billion