Financial services need to beef up crime protection and prevention

Financial services need to rethink crime protection and prevention because the current measures are simply not cutting it, according to PwC. In the company’s new paper, it examines the industry to find out to what extent it is complying with the latest rules and regulations, whether it is investing heavily in protection and prevention, and what are the results. Basically, financial institutions have always been, and it seems as they will continue to be, cyber-criminals’ most wanted target. They are under intense scrutiny by regulators, and they are investing heavily in both protection and prevention. As a matter of fact, "the level of… [Continue Reading]