![]() So, to protect us from financial data breaches and cybercrime, it is vital that there are adequate and robust protections in place to secure the data and information held within it and that staff working in financial organisations have the knowledge and ability to handle such data securely. ![]() But, while we often worry about hackers and cybercriminals getting hold of our banking and credit card details, in many cases, simple human error can also have devastating consequences. Of course, bank fraud is a very serious crime, and victims can suffer both financial loss and distress. ![]() UK financial services firms reported a whopping 480% more data breaches in 2018 than in 2017, and, in the sector, retail banking saw the number of data breach reports jump by a staggering 2400%. ![]()
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