Wealth managers face a new reality. Cybercrime will soon be a $10.5 trillion annual business larger than the sale of all illegal drugs worldwide, combined—and industry participants and their clients are compelling targets. Numerous firms have already been attacked and millions of dollars of client assets have been stolen.
Cybercriminals attack wealth managers and their clients using a variety of evolving tactics. And the rate at which cybercriminals are innovating is breathtaking.
They…
