Why should the financial services sector adopt a data classification strategy? Because more than nine out of ten (95%) of data breaches are financially motivated, according to this year’s Verizon Data Breach Investigations Report . Within the finance and insurance sector specifically, the rates were as high as 97% — no surprise there. However, what may be surprising is that most of these attacks...

When it comes to data privacy , financial services is one of the most highly regulated industries, and as a result, finance organizations face immense pressure to protect the data they are creating, collecting, and storing. Let’s take a deeper dive into what pressures are put on financial organizations to protect their data, and what they can do to ensure their sensitive data stays secure and...