Protecting Financial Services from Ransomware Attacks

Protecting Financial Services from Ransomware Attacks

VMware
Published by: Research Desk Released: May 15, 2023

Ransomware attackers are notoriously opportunistic. According to the VMware Carbon Black Cybersecurity Outlook survey, 66 percent of security teams and IT professionals reported being targeted by ransomware in the past year – much of which likely sold by e-crime groups on the dark web as Ransomware as a Service. In a similar VMware report, 89 percent of CISOs in the financial services sector indicated that they experienced an increase in the number of cyberattacks, and 67 percent said they fear a material breach.