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For cybersecurity professionals in the financial services sector, the pressure is relentless.  It is not just the external threat actors; it is the mounting, overlapping demands from regulators that are taxing resources, draining budgets, and leading to what is now officially recognized as compliance fatigue.  The Chief Financial Officer (CFO) is, understandably, under pressure and stressed.

The new Omega Systems Regulatory Pressure & Compliance Fatigue in Financial Services report offers a cruc

The average cost of a ransomware attack in 2020 was approximately $761,000.  The average cost of remediating a ransomware attack has more than doubled in the last 12 months.  Remediation costs, including business downtime, lost orders, operational costs, and more, grew from an average of approximately $761,000 in 2020 to approximately $1.85 million in 2021.[1] 

The importance of cybersecurity is no secret to anyone who uses a computer or an iPhone.  Senior executives at businesses of all sizes u