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Financial services firms to increase cyber security budgets this year, PwC claims

by The Gurus
April 17, 2014
in Top 10 Stories
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Computer World: Financial services firms plan to increase spending on cyber defences this year, as more businesses become aware of the risks to the sector.
Almost two-fifths of finance companies (38 percent) claimed that they would increase the amount spent on cyber security to meet the growing threat, according to a CBI/PwC survey. Meanwhile, of the 87 UK banks, building societies, insurers and other finance sector companies surveyed, only four percent planned to lower investments in this area.
 

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