Cybercriminals go where the money is. More attackers are launching attacks on financial services institutions, which saw an increase in breached records, vulnerability disclosures, and DDoS attacks via IoT botnets in 2016.
The IBM X-Force Threat Intelligence Index discovered financial services topped the list of industry-specific targets, with 65% more attacks than the average organization across all industries. Attacks on the sector increase 29%, from 1,310 in 2015 to 1,684 in 2016.
