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Room for improvement in financial services cybersecurity training

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Sufficient cybersecurity training found to be crucial but some sectors treat it as more of a priority than others.

There were 2.39 million instances of cybercrime and 49,000 instances of fraud in the UK cyberspace from April 2022 to April 2023, according to UK government estimates. The figures show 32% of businesses recalled a breach, with the number much higher for large firms (69%).

A survey by cloud security company Indusface looked into whether businesses