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As cyber-attacks increase, a PwC survey and an FTF OpRisk panel underscore the importance of budgeting and crafting an effective cyber-security strategy.
The number of detected cyber-security incidents across the financial sector rose 8 percent from 2013 to 20414, and the total cost of those incidents has jumped by 24 percent according to a new report by PriceWaterhouseCoopers (PwC). But, over that time, total spending by Information Security (InfoSec) departments at larger financial services firms is up...
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