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Financial Services Most Targeted by Cybercriminals in 2016 alongside industries like healthcare or retail


The trend is very interesting. Then, one can observe that, the financial gains associated with corporate and customer data available throughout the financial sector proved appetizing to cybercriminals in 2016.
Cybercriminals have always gone where there is money to be made. Their main focus shifted to other more lucrative industries like healthcare or retail. Targeting financial services, criminals decided to go directly to the source money.

While the financial services industry was targeted the most by cyber-attacks in 2016, data from the IBM X-Force Threat Intelligence Index shows it ranked third by industry for the number of breached records; likely due to investments in security practices.
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