Cybercrime has become a worldwide issue, thanks to the growing sophistication of online techniques. In 2014 alone, the FBI's Internet Crime Complaint Center received 269,422 complaints with an adjusted dollar loss of $800,492,073.
More than a third of financial services industry websites contain at least one serious vulnerability, such as data exposure, every single day, according to the Santa Clara, Calif.-based WhiteHat Security's Website Security Statistics Report. Serious vulnerabilities give attackers the ability to take control over a website, compromise user accounts on a system, access sensitive data, violate compliance requirements and possibly make headlining news.
According to cybersecurity experts, there is no single fix – except for the awareness that cybercriminals continue to change their tactics and seek out the weakest defenses to compromise systems, and steal data and money.
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