Security News > 2021 > March > Financial services and insurance faring better than most in the pandemic year

While 2020 was one of the most challenging years for every business, those in financial services and insurance have fared better than most.

While 74% of organizations across all sectors have now introduced DevOps, for example, this rises to 81% in financial services and 84% in insurance.

Financial services and insurance companies are also ahead of other sectors in their use of version control and automated builds, tests and deployments in application development.

Fifty-one percent of those in financial services and 52% of those in insurance deploy database changes once a week or more frequently, compared to 47% across other sectors.

While they are deploying database changes more frequently, 73% in financial services and 74% in insurance say that up to 10% of their deployments require hotfixes compared to 68% across other sectors.

To counter this, 58% of those in financial services expect their cloud usage to increase over the next year, compared to 50% across all sectors, but it falls to 49% in insurance.

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