$1M In-House vs $150K Outsourced: The Real Cost of Cybersecurity for Financial Firms
A mid-sized wealth management firm gets hit with a phishing-triggered breach at 2 a.m. on a Saturday. Nobody on the internal IT team is watching. By Monday morning, the damage is already done, client data exposed, regulators asking questions, and a bill that’s about to exceed $5 million (for remediation, legal fees, regulatory fines, notification […]