Last year, financial sector breach incidents led to more than 120 million exposed identities, which represented 28% of the overall breached identities, according to the Mountain View, Calif.-based Symantec's latest Internet Security Threat Report.
Symantec also reported finance was the second most victimized sector when it comes to data breaches, following the services industry. The average financial institution was attacked 4.1 times in 2015 and 52% of emails sent within the finance industry were spam, with one in 310 emails containing a virus.
More than 430 million new unique pieces of malware surfaced in 2015, up 36% from the year before. However, attacks against businesses and nations hit the headlines with such regularity that people have become numb to the sheer volume and acceleration of cyber threats.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
