According to a report released by Verizon, hacking is still one of the primary threats to financial institutions. Hackers then go on to conduct Denial of Service attacks (DoS) to render financial services inaccessible. Struggling with creating strong passwords, even the biggest financial players continue to put themselves at risk. And while there are some institutions that are leaning towards layering up their security with multi-factor authentication, it is unfortunately still not a common practice. With an enterprise password manager like Password Safe, companies can create robust passwords coupled with multi-factor authentication to significantly increase the strength of their data security.