70 per cent of UK financial firms have suffered hack attacks in the past 12 months

Almost three-fourths of UK finance firms experienced a cyber incident in the past 12 months. And quite often it was their employees fault.

That’s according to a new survey from Clearswift, the security firm. Having surveyed 100 senior decision leaders in the country, it found that 70 per cent of financial firms had suffered through a breach.

Employees failures to follow cybersecurity policies led to 43 per cent of the incidents, making it the most common reason for a breach. The second most common reason for an incident was third-party devices introducing malware and viruses. That counted for 32 per cent of the cases. File and image downloads counted for 25 per cent of the cases and 24 per cent was caused by employees sharing data with unintended recipients.

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