Top 10 Cyber Security Threats in 2012 – And What to Do About Them

Here are the Top 10 Financial Services Cyber Security Trend to act on in 2012 and recommendations on what to do about them, courtesy Booz Allen Hamilton senior vice president Bill Wansley.

Top 10 Cyber Security Threats in 2012 – And What to Do About Them

The average price tag for a data breach now is $7.2 million. How are you supposed to value the loss when your crown jewels – trading algorithms – get put on data sticks or uploaded to remote servers, as happened to Goldman Sachs? Or you have to face down billions in verified losses, because you couldn’t control “unauthorized trading,” as occurred to UBS? Oh, and those are just the insiders at work. The National Security Agency has begun providing Wall Street banks with intelligence on foreign hackers, a sign that financial sabotage from abroad is imminent. If not already in progress, in the estimation of Booz Allen Hamilton.

Here are the Top 10 Financial Services Cyber Security Trends to act on in 2012 and recommendations on what to do about them, from senior vice president Bill Wansley.



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