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Financial businesses are among the top 5 industries targeted
Financial services, insurance companies and banks all keep sensitive financial data. That means hackers will target them and they do. No other sector invests more in cyber security.
Cost of cyber attack for financial firms
Cyber attacks cost financial services firms $18m vs. $12 million for firms across industries
Equifax breach cost
The Equifax breach cost the company over $4 billion in total. And has impacted more than 145.5 million US consumers.
The most common malicious file extensions are .doc, .ppt and .xls
Microsoft Office formats such as Word, PowerPoint and Excel make up the most prevalent malicious file extensions at 38% of the total.
Verizon Data Breach Investigations Report, 2017
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