Ransomware on the rise and the risks to Financial Services firms

Ransomware on the rise and the risks to Financial Services firms

Prep for ransomware attacks or be ready to pay the price. Ransomware attacks in the U.S. increased 300% in 2020 and cost victims $350 million. Advisors make easy targets because they publicly release AUM and hold some of the most sensitive client data that directly connects to their finances.

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