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.