UK: Reported cyber security breaches increase threefold for financial services firms

Cyber security breaches for UK financial services firms have increased threefold from the years of 2021-2022 and 2022-2023, with the highest – reportedly – being in the pensions sector.

New research by the international law firm RPC shows that the amount of reports of cyber security breaches to the Information Commissioners Office (ICO) has increased from 187 to 640. The biggest rise in reports was in the pensions sector, which saw an increase from six to 246.

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Source: MSN News