Did you know that in 2010, financial institutions continued to climb as the number one target for phishing attempts, representing 50 percent of the targeted industries? Further, the average cost of a cyber attack was nearly $416,000 to participating organizations.
Check out this infographic from Pragmatix to gain insight into the dangers of not being prepared for a security breach.
Cybersecurity is a growing concern. To learn about the FFIEC's new tool to help you assess your risk, check out our post FFIEC Update: Cybersecurity Assessment Tool.