How cybersecurity systemization is changing financial institutions today

Cyberattacks are a global epidemic today. They target organizations, critical infrastructure, and governments around the world with timely, sophisticated attacks. Examples of this include ransomware attacks like Petya and WannaCry. These put some of the world’s most critical functions on hold for a while. Another example was the Equifax data breach that affected about 143 million Americans. With the persistence of these attacks many people believe that by 2021 cybercrime will cause $6 trillion in damages. What’s Behind Cybercriminal Activity Today Most cybercriminals are motivated by monetary rewards. With ransomware attacks cybercriminals target critical infrastructure and healthcare organizations, holding their… [Continue Reading]