Despite efforts to remain secure, financial services make up 35% of all data breaches, earning the unfortunate title of most breached sector. It provides multiple avenues for cybercriminals to monetize their skills through extortion, theft, and fraud.
Threats facing financial institutions today
How Fantom is haunting unsuspecting users
The heart of a lady is not easily won; a man can’t rely on his looks or wallet to make a girl fall head over heels. He must charm his way into her heart. Let’s say that a computer user is the woman, and that ransomware, the man, is the dreamboat that has worked his way through all the woman’s defenses.
Microsoft Office 365 ravaged by ransomware
The Internet is a powerful platform that brings people together on a global level while giving them access to a wealth of information anytime they please. With the good, comes the bad - some utilize their skills in committing cyber crimes from the comfort of their own homes.
Risks financial firms face
TTP’s stands for threats and tactics, techniques and procedures, the number of which has been gradually increasing since 2015. The financial services sector has long been the target for cyber criminals, where they apply a myriad of techniques ranging from social-engineering to credential-stealing malware.