IMF: Cyber Attacks Could Cost Banks Half of Their Profits

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The International Monetary Fund (IMF) believes that cyberattacks could eventually cost banks up to half of their overall profits. There has yet to be a cyberattack which cripples a bank’s daily operations on a large scale, but that day may arrive sooner than expected.

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Cylance is a cybersecurity products and services company focusing on stopping tomorrow's attacks today. Founded in 2012 by ex-McAfee Global CTO Stuart McClure and ex-McAfee Chief Scientist Ryan Permeh, Cylance was created to solve the malware problem once and for all. Our flagship product, CylancePROTECT®, is the world's first next-generation antivirus built on artificial intelligence and machine learning. Named the SC Magazine Award winner for "Best Emerging Technology" in 2015, CylancePROTECT offers exponentially improved prevention capabilities when compared to other endpoint security solutions. For a demo of CylancePROTECT, visit us at cylance.com
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