A new report illustrates the increasing virtual threats against America's financial institutions.

The report was released at an annual cybercrime summit at Pace University, moderated by NY1's Annika Pergament.

The survey, conducted by Pace and The Association of Chartered Certified Accountants, found that 57 percent of top finance professionals felt their IT systems were well protected.

Around the same number said their firms would bring in outside consultants if they were attacked.

One expert pointed to society's increased dependence on technology as a big cause for security concerns.

"All of us need to send that email to the boss, all of us need to finish that report and if you're doing it in an airport in Beijing; the vulnerability of that data of those systems - your smartphone, your laptop - is very profound," said Dr. Jonathan Hill, Interim Dean of Pace University's Seidenberg School.

Experts recommend that companies work more closely with each other to share information about hacking attempts and perform simulated attacks to find any vulnerabilities.