Bankers have cybersecurity and data security on their minds more than any other issue, according to a December survey conducted by Wolters Kluwer. The data, which tracks banker concerns by quarter, showed risk management concerns up 13 percent year over year. Meanwhile, 83 percent of respondents said they were “concerned” or “very concerned” about cybersecurity.
Another recent survey report, compiled by FS-ISAC, pinpointed bank employees as the source of security officers’ concern. Sixty-seven percent of respondents said their company is more likely to be hit with a cyberattack or data breach in the coming year, with two-thirds expecting it to be caused by an employee falling victim to a phishing scam.
Risk management, cybersecurity and data security will, of course, be topics of primary concern at IBAT’s IT Security & Fraud Summit coming up in just over a week—February 1-2 in Dallas. It’s not too late to register for this important event.