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90 percent of financial services IT security pros fear security breaches

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Diamond Contributor
ECF Refugee
Vape Media
A new survey of IT security professionals working in the financial services sector reveals that 90 percent feel vulnerable to security breaches and 44 percent have actually experienced one -- 19 percent in the last year. These findings come from enterprise data protection specialist Vormetric which, in conjunction with 451 Research, has issued a financial services edition of its 2016 Data Threat Report. Meeting compliance requirements was named as the top IT security spending priority at 56 percent, but preventing data breaches at 50 percent and best practices, also at 50 percent, were close followers. The main barriers to adoption… [Continue Reading]

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