Lazard's CISO: Authorities Need to Improve Hacker Arrests, Prosecutions

Increasingly, automation is making financial firms more vulnerable to cyber-attacks in an environment where vendors are perpetually a step behind hackers.
"The bad guys are just kicking our asses and it's going to get worse before it gets better," said Peter Keenan, chief information security officer (CISO) of Lazard, during a panel discussion at NATAS. "They're finding back-doors and holes faster than the vendors can patch them."

Information security is still in the "victim-blaming" stage,