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Data breaches rise as cybercriminals continue to outwit IT

George V. Hulme | Sept. 30, 2014
Security breaches rise again this year, costing an average of US$415000, as security pros fail to keep pace with cybercrime innovation.

Citi, meanwhile, doesn't permit its data to be sent to cloud systems that aren't under the bank's control, says Swick. Not all third-party providers are thrilled with the scrutiny they face during Citi's due diligence process. "We run into pushback when we tell them to fix what we find on our assessments," he says.

 

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