US Financial Firms to Further Increase Cybersecurity Spending
US financial firms expect higher cybersecurity spending in 2019 as they face bigger threats and more attacks, a new survey report by Thales eSecurity said
• About 36 percent of companies said they experienced an intrusion in 2018, up from 24 percent in last year’s survey
• Most financial firms still spend too much on defending personal computers despite awareness that it’s the least effective strategy, the survey found
• More attention should be paid to network security, according to Thales