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Home » Westlake Financial evaluates cybersecurity budget based on loss potential

Westlake Financial evaluates cybersecurity budget based on loss potential

Non-Prime Auto Financing Conference

Whitney McDonald and Joey PizzolatobyWhitney McDonald and Joey Pizzolato
June 3, 2022
in Risk Management
Reading Time: 2 mins read
0
Moody’s to establish standard for quantifying cyber risk

© Can Stock Photo / kentoh

PLANO, TEXAS – Cybersecurity threats are rising as lenders collect more data on consumers and lean on digital infrastructure for their operations, prompting auto lenders to evaluate their budgets for data security. Westlake Financial, for one, evaluates how much it needs to invest in cybersecurity programs based on what the company would ultimately lose if […]

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