Banks are a prime target for cybercriminals.
In fact, the typical financial services business in America gets attacked more than a billion times a year, according to PayPal CEO Dan Schulman.
That’s more than 7,600 threats every minute.
Compare that to the typical American business, which faces about 4 million attacks a year.
This alarming trend is why banks must be regularly audited.
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Healthcare is one of the most targeted sectors for cybercriminals.
In fact, almost every one in five claims from 2013-2017 was in the healthcare sector, according to NetDiligence’s 2018 Cyber Claims Study.
That’s why following HIPAA requirements is so important.
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