Vital infrastructure: Threats target financial institutions, fintech, and cryptocurrencies

With news of a malware attack on accounting firm Wolters Kluwer causing a “quiet panic” in the accounting world this week, our assertion that financial institutions—from banks to brokers—are part of the vital infrastructure of society has been solidified. According to its website, Wolters Kluwer provides software and services to all of the top 100 accounting firms in the United States, 90 percent of the top global banks, and 93 percent of Fortune 500 companies.

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