Cybersecurity breaches are increasing and cost the financial sector $6.08m per breach in 2024, showing the importance of comprehensive IT security. Institutions can employ security operations centers (SOC) to effectively monitor and respond to cyber threats, mitigating damage. Adapting SOC processes for the EU’s imminent DORA requirements is a crucial part of maintaining digital resilience. IBM offers comprehensive solutions and services for financial institutions to meet these regulatory requirements, from technical amendments to organizational model adjustments.

North Korean Hackers Use Fake U.S. Companies to Spread Malware in Crypto Industry: Report
North Korean hackers reportedly set up shell companies in the US to penetrate the crypto sector and target developers via fake job offers, according to