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The SaaS industry handles code repositories and large sensitive databases. This is one of the reasons it faces a number of security risks, including poor development practices and weak user passwords.
The telecoms industry is viewed as one of the most vulnerable to cyber security attacks. According to a recent report from Efficient, 43% of telecom companies have suffered a DNS-malware based attack. It was also reported that on average, telecoms companies only applied 4 out of the 11 critical patches recommended by the ISC in 2016, making them particularly vulnerable to zero-day attacks.
Security is important for all industries. The banking and finance industries, however, have strict security requirements and are governed by rigid regulations. The data these companies process could potentially lead to a company – or even entire market – to collapse if used maliciously. This leaves no room for error in terms of operations and their security measures.