"Most Financial Services Have Suffered COVID-Linked Cyber-Attacks"

Researchers at password security firm Keeper Security commissioned the Ponemon Institue to poll over 370 UK IT security leaders who work at financial services firms as part of a larger global study and found that this past year 70% of financial services firms experienced a successful cyberattack. Most of the participants of the study blamed COVID-related conditions for the successful cyberattacks. More than half of the respondents to the survey argued that cyberattacks are increasing in severity due to employees working from home, and 41% argued that remote workers are putting organizations at risk of a major data breach. The respondents were most concerned about a lack of physical security wherever their employees are remote working from (48%) and their devices becoming infected with malware (34%). Respondents flagged insufficient budget and lack of knowledge on combatting cyberattacks as the biggest IT security challenges with remote working.

Infosecurity reports: "Most Financial Services Have Suffered COVID-Linked Cyber-Attacks"