BFSI Sector at the Forefront of Cyberattacks

In recent years, the BFSI Sector (Banking, Financial Services, and Insurance) has become a primary target for cyber attackers. A 2022 report by IBM revealed that the average cost of a data breach in the financial industry reached a staggering $5.97 million per incident. The New York Federal Reserve reports that financial institutions face 300 […]

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