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Studies: Banks Penalize Bad Cybersecurity With Higher Rates
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Studies: Banks Penalize Bad Cybersecurity With Higher Rates

CFOs Should Know: Lackadaisical Security Carries a Price. Bad cybersecurity is bad for business. A badly secured business may pay as much as ten extra basis points for a loan than its posture had been up to scratch, find academic studies examining how U.S. banks price debt. The bill for poor cybersecurity could run hundreds of thousands of dollars.

First seen on govinfosecurity.com

Jump to article: www.govinfosecurity.com/studies-banks-penalize-bad-cybersecurity-higher-rates-a-31400

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