This episode of the Endpoints Of View podcast discusses the wave of data breaches hitting financial institutions.

Talking points include:

• The ransomware group Hunters International who allegedly stole 5.2 million files from the Industrial and Commercial Bank of China (ICBC), the world’s largest bank in terms of assets.
• Payment processing solutions provider Slim CD who recently announced a data breach that has affected nearly 1.7 million individuals, exposing their credit card and personal information.

Both cases prove the need for strong cybersecurity protocols in banks and financial institutions to protect sensitive data from cyberattacks.

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