Friday, 24 March, 2023

Finserv Sector demonstrates high resilience with layered defenses against ransomware

<p>The number of ransomware attacks against the firms examined in the worldwide financial services industry increased by 62%. Attack complexity was found to have increased by 64%, and attack effect by 55%. 5,600 mid-sized business IT professionals from 31 countries, including 444 from the financial services industry, were surveyed. Ransomware breaches surged by 13% in India over the past year, which is a bigger growth than in the previous 5 years put together.</p>