Ummmm... up to a point
"The findings are surprising, not least because financial service firms are regulated and run the risk of huge fines if security problems in their apps ever result into problems."
HAHAHAHAHAHAHA!
* reads it again
HAHAHAHAHAHAHAHAAHHAHAAHAHAHAHAHA!!!
Yes. Right. No. let's just say... security in financial services is, shall we say, "variable". Of course the megacorps have more of their waterfowl arranged in a ragged line, but IME there are skeletons in some pretty gigantic cupboards that would raise an eyebrow among any group of competent network, computer or security architects -- or engineers.
Personally I'm still waiting for the financial fraudsters to notice that many hedge funds and boutique fund management firms are both tiny - headcounts of <50 are very common - and handle gigantic sums of money. It's only obscurity that's kept them mostly fairly secure to date, and we all know the problem with relying on that to keep you safe and solvent. Sooner or later some people are going to lose a lot of money and others are going to be buying themselves Caribbean islands as retirement homes.
Biting the hand that feeds IT
