Salamanca Group's Heyrick Bond Gunning talks about the changing landscape for bank and financial security (Photo: Reuters)
Salamanca Group's Heyrick Bond Gunning talks about the changing landscape for bank and financial security (Photo: Reuters)

Banks and financials are spending millions of pounds in new measures to safeguard them from cyber crime and data breaches but are starting to lag on physical security.

Speaking to IBTimes TV, Heyrick Bond Gunning, the former Head of Kidnap for Ransom at Kroll and is now the managing director of Salamanca Group, says that it doesn't matter how much companies spend on cyber security if they 'effectively leave the doors' open.

In an exclusive interview with IBTimes TV, Bond Gunning talks to us about company spend on cyber crime, the cut backs on physical security, and how new legislation is set to transform firms' budgets over protecting themselves and clients against attacks.

For the full video interview, check out IBTimes TV or the video on the right hand side of this page.