Insider threats – One of the biggest Cybersecurity risks in Capital Markets – Wipro

Cyber-attack threats are on the rise, and the cost of Cybercrime continues to increase in the financial services industry. In the next five years, Cybercrime cost is expected to increase by 40%. Although large-scale cyber-attack have occurred over the past 15 years in the form of distributed denial of service, data theft, loss of intellectual property, and cyber fraud, their impact has grown faster than the firm’s ability to prevent and recover from it