Identity Theft
New Danger: Ransomware hits finance industry hard
Reported by financialexpress.com
Financial services organisations hit by ransomware face more than $2 million in recovery costs. According to IT security firm Sophos’ new survey report, titled “The State of Ransomware in Financial Services 2021,” this figure exceeds the global average of $1.85 million, even though the results also show the financial sector is among the most resilient against ransomware.
