UK Financial Sector Must Improve Collaboration: Report

    Date24 Apr 2018
    CategoryLatest News
    2408
    Posted ByBrittany Day
    The UK finance industry must improve collaboration with government and law enforcement to disrupt the cybercrime business model more effectively, according to a new report from KPMG and UK Finance. The report, Staying ahead of cybercrime, claimed that the industry spent a whopping $360 billion on IT in 2016 and spends three times more on cybersecurity than other sectors.
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