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Cyber Security in Banking: Threats, Solutions & Best Practices

eSecurity Planet

Cyber security in banking has become the frontline defense against an ever-growing wave of digital threats. With billions of dollars and sensitive data at risk, banks are under constant pressure to stay one step ahead of cybercriminals. Table of Contents Toggle What is Cyber Security in Banking?

Banking 108
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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details.

Banking 94
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Microsoft Targets Trickbot Botnet

Adam Levin

Trickbot was first identified by security researchers in 2016 as a Trojan-style malware program designed to steal bank account credentials, but rapidly evolved into a massive “malware-as-a-service” criminal enterprise.

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10 steps to safeguarding your privacy online

Webroot

The more devices, digital apps and online accounts you use, the more efficient and convenient your life becomes. Think of your digital identity as a confidential file full of high-value information – passwords, credit card numbers, bank account details, social security numbers and more.

VPN 100
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ASyncRat surpasses Dridex, TrickBot and Emotet to become dominant email threat

Malwarebytes

Last year saw a significant evolution in email threat detections, and that change has accelerated dramatically in the first half of 2022. All three were banking trojans that were later used to deploy ransomware. All three were banking trojans that were later used to deploy ransomware. Email threat detections 2018-2020.

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IT threat evolution in Q1 2024. Mobile statistics

SecureList

The most common threat to mobile devices was adware: 46% of all threats detected. Over 389,000 malicious installation packages were detected, of which: 11,729 packages were related to mobile banking Trojans, 1,990 packages were mobile ransomware Trojans. Turkey continues to be flooded with banking Trojan variants.

Mobile 78
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IT threat evolution in Q3 2022. Mobile statistics

SecureList

Droppers (Trojan-Dropper), accounting for 26.28% of detections, were the most common threat to mobile devices. 438,035 malicious installation packages were detected, of which: 35,060 packages were related to mobile banking Trojans, 2,310 packages were mobile ransomware Trojans. Quarterly highlights.

Mobile 100