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Banks boost cybersecurity spending

Thursday, May 2, 2019   (0 Comments)
Posted by: Amanda Averch
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Cybersecurity spending for some large banks has tripled in the past few years, with financial firms spending an average of $3,000 per employee, finds a survey by Deloitte and the Financial Services Information Sharing and Analysis Center. Money alone cannot address the issue, and financial firms need a well-planned and properly governed security program, says Julie Bernard, a principal in Deloitte's cyberrisk division.

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