FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisers. Cyberattacks On The Finance Industry Have Doubled This Year (Financial Adviser Magazine) “Cyber assaults against the financial services companies nearly doubled this year, according to a report issued Monday by PwC,” reports Ted Knutson. “Twenty percent of companies surveyed said they had a cyber breach by a competitor in 2014, compared to 11 percent in 2013.” It’s not only competitors that are trying to hack financial services companies — 44% of companies reported that an employee attempted to breach …read more
Source: Business Insider