Financial institutions are ramping up their cybersecurity investments in response to increased threats, according to a report by Fastly. Data revealed that financial organisations suffered an average of 50 known attacks last year, more than any other sector, prompting 80% to increase their security budget. Despite this, 44% believe they overspent on cybersecurity tools, and only 54% fully utilised the tools they bought. The report also identified a dearth of skilled security professionals.
Nevada unveils new statewide data classification policy months after cyberattack
Eric Neugeboren reports: Nevada’s IT agency has rolled out a new policy aimed at standardizing the privacy of state data, months after a massive cyberattack crippled certain
