In 2024, financial institutions around the globe suffered an average loss of $6.08 million due to ransomware attacks. This marked a 10% increase compared to the previous year, signaling a disturbing trend of rising cybercrime targeting the financial sector. The analysis, conducted by security experts from Hunt.io, uncovered not only the staggering financial damage but […]
The post Ransomware Attacks on Financial Institutions: A Rising Threat with Multi-Layered Consequences first appeared on Cybersecurity Insiders.
The post Ransomware Attacks on Financial Institutions: A Rising Threat with Multi-Layered Consequences appeared first on Cybersecurity Insiders.
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