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Guest Research: Pharos, the global leader in data security, has released the Financial Services Data Risk Report for 2021, which delves into the state of data security in the banking, insurance and investment sectors.
Financial services remain one of the industries most targeted through malicious attacks, partly due to the sensitive data they collect from clients, where the average cost of a data breach is the highest of any industry in 5. $ 85 Million US Dollars. Although this sensitive data needs to be protected, on average, every employee can access approximately 11 million files.
The sudden transition to remote work has greatly increased this risk, as employees log in through insecure networks and home computers.. Moreover, it could potentially increase the response time for a data breach.
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Financial Services, Varonis Systems, Information Technology, Computer Security
World News – AU – iTWire – Data Risk Report 2021 Financial Services
Related Title :
– Data Risk Report 2021 Financial Services
– Financial firms display data through unmanaged access controls – Varonis
Ref: https://www.itwire.com
