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HOW CAN THE FINANCIAL SERVICES SECTOR PROTECT AGAINST PRIVILEGED ACCOUNT BREACHES?

April 25, 2019

The incoming chief of New York’s top financial services regulator called cybersecurity “the number one threat facing all industries and governments globally” during a speech in April 2019 at the Association of the Bar of the City of New York. Cyber-attacks also cost financial services firms more to address than firms in any other industry at $18 million per firm (vs. $12 million for firms across industries).

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