Scary as this might sound, it appears that the financial services sector accounted for more data breaches that most might care to admit. Honestly, I can hardly say that I am surprised. I say this as it feels like we still live in a world where we wait for things to get really bad before actually doing something about it. Protecting our financial data is clearly, no exception here.

What is really troubling however, is Verizon Business reporting that these PIN based attacks are taking place on both protected and unprotected systems. To make matters worse, it is slowly becoming clear that the attackers are using techniques that we are not keeping up with at a speed that is comfortable enough to ensure any real level security. In other words, we are playing Russian Roulette with our data because we are slow to react and think ahead of the attackers.

To be fair, I realize that security pros are doing what they can with the tools presented to them. But at the same time, how many of these breaches are because of high-end attacks and how many are due to sloppy management of these systems? As in, not keeping things patched, etc? Just saying…