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Wall Street Buying Some Extra-Strong Barn Doors

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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]

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