When it comes to cybersecurity news sometimes you just have to scratch your head. Everybody in business, and especially in banking, embraces the need for aggressive and comprehensive defenses against hackers, right?
And then comes this report from KPMG with the discouraging headline: “12% of banking CEOs don’t know if their bank has been hacked.”
The audit, tax, and advisory firm surveyed 100 bank executives from banks that have more than $20 billion in assets.
Worse, researchers found that at these banks’ second tier of officers—including executive vice-presidents and managing directors—the level of awareness gets worse. KPMG reported that 47% said they didn’t know if their bank had been victimized by cybercrooks. The next level—senior vice-presidents and directors—were even worse: 72% were unaware. For the full article click here
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