A sobering 62% of U.S. financial-services entities have been breached, Thales says

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Despite 96% of U.S. financial-services organizations considering their technology security as adequate, 62% of those responding to a Thales survey said they experienced a breach. That’s according to the recently released 2019 Thales Data Threat Report.

Commissioned by Thales, the survey of 1,200 information technology and data security professionals and the ensuing report was conducted by research firm International Data Corp. Many U.S. financial services organization have strict data-security and similar requirements to contend with, but their breach rate outpaces other industries. Retail, at 42%, was the next highest among those ever experiencing a breach.

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