In August 2019 Akamai observ­ed a record-breaki­ng attack agains­t a financ­ial firmFinancial services companies continue to be a recurrent target of hackings. Attacks against the financial sector are growing in ‘quantity and sophistication’ according to a new report from Akamai Technologies. Although the attackers eventually failed Akamai report notes that financial services companies remain the primary target of hackers. Of these, 473,518,955 attacked organizations in the financial services industry. “The Zero Trust model replaces “trust, but verify” with “trust nothing, and trust no one.” Under Zero Trust, the network cuts off all access to network resources until it determines who the user is, and whether they’re authorized.

Source: The Express Tribune February 23, 2020 13:07 UTC