ITProPortal: Email security 'a ticking time bomb' in the finance industry

As financial services companies grow, so does their dependence on email. However, the increasing use of email brings with it the potential for a rise in cyberattacks, and leaders in the industry are worried.

These are the conclusions of a new report from cybersecurity company Mimecast, which states that almost two-thirds (62 percent) of financial services organizations believe it’s either likely, extremely likely, or inevitable that they will suffer an email-borne attack this year.