Back to Resources


Financial Institutions & the Increasing Risk of Data Breaches

Financial services and institutions have become large targets for cybercrime, with over a billion accounts compromised in 2014.1 For each attack on company data, the US averaged a loss of $5.85M in damages for crimes mostly relating to account access, financial access, and identify theft.2 With the changing technological and economic landscape, managing your institutional, employee, and customer information has become more important than ever. Without the proper measures set in place, your organization can face not only major financial consequences such as fines, legal fees, and penalties, but also business disruption due to opportunity losses, as well as reputational and loyalty damage. Avoid potentially permanent damage to your organization’s future and financial worth by evaluating your market and talent pool.

Complete the form on the right to read the complete Brief. You will also get instant access to all of our other resources.

Share this Story.

Thank you for downloading Financial Institutions & the Increasing Risk of Data Breaches

If you want to access it again, just click here

Interested in learning how Cornerstone OnDemand can help your organization meet the needs and expectations of the modern workforce? Let's talk.

Read the Full Story.