Despite monumental efforts to fortify security infrastructure, cyberattacks and breaches still occur in the financial services industry.
For example, Equifax had the budget, manpower and a sophisticated security operations center. Nonetheless, 145.5 million Social Security numbers, around 17.6 million driver’s license numbers, 20.3 million phone numbers, and 1.8 million email addresses were stolen.
How could this happen? Could a breach of this magnitude occur at other financial services firms?
What's in the report?