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Publication:

BDO Cyber Threat Insights - 2018 3rd Quarter Report

30 October 2018

Original content provided by BDO

In the last three years alone, banks and financial institutions experienced 154 publicly reported data breaches that compromised nearly 150 million records.

As cyberattacks on financial institutions have shown no signs of slowing down in 2018, we have chosen to focus our 2018 Q3 Cyber Threats Report on the industry. Although businesses are getting savvier about cybersecurity, attackers are getting smarter and executing attacks with greater proficiency.  In our report, we will share:

  • Top lessons for the industry to keep in mind as we move into 2019
  • Analysis on how the attacks took place, and what could be done
  • A perspective on third-party risk management for NYDFS cybersecurity compliance by law firm McDermott Will & Emery
  • Ways to adopt a threat-based cybersecurity approach