The World Economic Forum predicts cybersecurity challenges ahead, especially for the financial sector. The average cost of a financial data breach in 2024 was around $6.08 million, compared to $4.88 million across all sectors. Threat Quotient’s research suggests financial services are leading in adoption of cybersecurity automation, with 87% valuing automation. Sharing threat intelligence and automating threat hunting can strengthen defenses. The use of AI in cybersecurity is also growing in the financial sector, although it also increases threats due to misuse by threat actors.
US hit with over 1.9 billion malware threats last year – here’s how to stay safe
Research by NordVPN has revealed that in 2024, there were 1.9 billion malware attacks in the US. The company also uncovered almost 85,000 fake URLs
