Wall Street Buying Some Extra-Strong Barn Doors

Because, you know, they probably should have had them already, and no one wants to have that look that Jamie Dimon had on his face when told about the incident.

Financial-services companies plan to bolster their cybersecurity budgets by about $2 billion over the next two years, according to accounting and consulting firm PricewaterhouseCoopers….

The spending increases represent accelerated efforts to keep hackers out and a realization that previous efforts haven’t been sufficient.

Financial Firms Bolster Cybersecurity Budgets [WSJ]