A new survey from Deloitte and the Financial Services Information Sharing and Analysis Center shows that financial firms spend an average of $3,000 per employee to protect themselves from cyber attacks; the data shows that banks have increased these budgets more than 3 times in the past few years; “Money alone is not the answer,” said Julie Bernard, a Principal in Deloitte’s cyber-risk division, to American Banker. “How a security program is planned, executed and governed is as important, if not more.”; the survey took a look at about 100 financial firms. Source.
