Financial data is a prime target for cyber threat actors. A successful data breach not only exposes customers' personal data, it also enables the attacker to engage in fraudulent activity and steal from the company and its customers.
Threats to financial data arise from various sources, including malicious intent and accidental negligence. Data loss or exfiltration can be caused by ransomware infections, cloud breaches, or something as simple as the wrong person cc'd on an email. Managing data security risk requires a clear understanding of the threats and best practices for managing them.
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