
U.S. Federal Reserve Breaks Ground with Proposed Cybersecurity Standards
It is no secret that malicious cyberattacks are increasing dramatically. Morphisec Technologies, a global cybersecurity firm, released its 2019 Consumer Financial Cybersecurity Threat Index in June 2019. The report states that financial institutions, globally, are targeted 300 times more often than other business sectors. That breaks down to about 2,000 attacks a day. Verizon’s 2019…