Blancco Report Reveals 82% of Financial Services Organizations Suffered a Breach within the Past Year
Nearly two-thirds of survey respondents increased compliance spending throughout 2024 BOSTON and LONDON — Blancco Technology Group, the industry standard in data erasure and mobile lifecycle solutions, today released a new report that shows the financial services sector is facing intensifying pressures related to the management of sensitive data amidst relentless cyberthreats and a growing web of regulations.Blancco’s 2025 Financial Services State of Data Sanitization Report is based on a global survey of 250 decision makers at large financial services organizations of over 5,000 employees. According to Blancco’s report, 82% of financial services organizations have suffered a data breach via cyberattack, or a data leak, an unintentional exposure of sensitive data, in the past ye...