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Banks ‘cyber mature’ but remain top target for scammers

New research by CyberCX has shown that companies in the financial services sector accounted for 30% of ransomware attacks, with telecommunications companies tracking to 11%. Katherine Mansted spoke with The Australian Financial Review, and explained that “While financial services organisations are among the most cyber mature in [Australia and New Zealand], cyber skills gaps and human error, particularly in larger and emerging organisations, continued to present one of the highest reported cause of data breaches.”

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