Fixing a $12bn Challenge for Banks Through Data-Centric Security

The challenges presented by cyber risk have always loomed large for IT and business leaders in financial services. But today they have arguably reached a tipping point. The International Monetary Fund (IMF) devotes a whole chapter to the topic in its latest Global Financial Stability Report. It claims that more than 20,000 attacks on the sector have caused losses exceeding $12bn over the past 20 years.

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