Guest Opinion: Understanding IT Risk in the Financial Industry

Guest Opinion: Understanding IT Risk in the Financial Industry

You see it on the news almost every single day. Another security breach has occurred, customer data has been compromised, and the company’s reputation has now been tarnished. Not only is a cybersecurity breach a PR nightmare, but it can cost your institution a huge amount of money in liability and churn. Of the top 10 financial services industry breaches that have occurred, over 526 million customers were affected.

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