An accident involving a banks online banking services costs the organisation $1,754,000 (1,371,000) on average. That’s double the price of recovering from a malware incident, which costs as much as $825,000 on average to resolve. 61% of cybersecurity incidents affecting online banking come with additional costs for the institution targeted including data loss, the loss of brand/company reputation, confidential information becoming leaked, and more. DDoS attacks against financial institutions are often designed to cripple banking websites.”]