Financial services institutions are dedicating plenty of money and technology to cyber risk management, yet many are still struggling to keep up despite several years of efforts to bolster cybersecurity capabilities. Because of the pace of attacks and the growing sophistication of threat actors, basic blocking and tackling strategies to lock down devices, systems and platforms remain a work in progress at many companies, according to a report from Deloitte that discusses balancing present and future needs, wise investing and hiring the “right” talent, among other strategies.

Source: Wall Street Journal March 24, 2017 11:26 UTC