Maximum insecurity: banks tool up to meet cyber threat
Lenders confront “existential” threat of data leaks with bigger teams and better controls
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No other cohort in our benchmarking work ranked a breach of information security (infosec) as its top concern.
Information security
Regional and domestic banks rank: 1
Top 10 rank: 1
Number of benchmarking respondents: 11
“Infosec is our biggest scenario, where we have the biggest level of capital. It presents an existential threat to the bank – the potential for a complete loss of reputation that could cause a run on the
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