$3,000,000,000,000 Bank Says It’s Being Attacked ‘All the Time’ by Hackers, With Cybersecurity Now Lender’s Biggest Expense – The Daily Hodl
HSBC CEO reveals the $3 trillion bank faces constant cyberattacks, making cybersecurity its largest expense. Banks globally are increasing IT budgets for fraud prevention as customer fraud cases rise significantly.
Giant Retailer To Lose $403,000,000 After ‘Highly Sophisticated and Targeted’ Cyberattack Exposes Sensitive Customer Data – The Daily Hodl
Marks & Spencer faces a $403 million loss due to a sophisticated cyberattack disrupting operations and exposing customer data, with sales impacts expected to last months.
