Criminals obtained details of 83 million clients from JPMorgan Chase last year, and Russian security firm Kaspersky last month said more than 100 banks had been raided by cyber criminals and $1 billion could have been stolen.

Banks are seen as vulnerable, despite spending hundreds of millions of dollars a year on cyber defenses, due to the potential financial gains and because their size, complexity and old IT systems can leave gaps.

First « 1 2 » Next