70% of UK financial companies report being hit by cyber-incidents; most blame internal error

August 15, 2019 — Almost half of the cyber-security incidents reported in the UK over the past 12 months were caused by internal errors, where employees failed to follow security protocol or data protection policies. Mobile banking fraud is easy to miss for consumers says Lisa Baergen, Director at NuData Security.

“Trojans are well hidden inside other legitimate-seeming applications or attachments. Once inside the customer’s phone, they can roam free to steal banking information or account assets”
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