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Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

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Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity

Thales Cloud Protection & Licensing

In the evolving digital commerce landscape, the threat to retail cybersecurity has never been more palpable. The Verizon 2023 Data Breach Investigations Report reveals that system intrusion, phishing, and web app attacks are the predominant patterns that enable criminals to steal personal and financial information, including credit card data.

Retail 83
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Financial cyberthreats in 2021

SecureList

This report aims to offer thorough insights into the financial cyberthreat landscape in 2021. The research in this report is a continuation of our previous annual financial threat reports ( 2018 , 2019 and 2020 ), providing an overview of the latest trends and key events across the threat landscape.

Banking 95
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Financial cyberthreats in 2022

SecureList

However, traditional financial threats – such as banking malware and financial phishing, continue to take up a significant share of such financially-motivated cyberattacks. We previously reported on the Lazarus group, which developed VHD ransomware for the purpose of monetary gain.

Banking 72
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Financial Cyberthreats in 2020

SecureList

Even though, in 2020, we have seen ever more sophisticated cyberattacks, the overall statistics look encouraging: the number of users hit by computer and mobile malware declines, so does financial phishing. This report aims to shed a light on more details of financial cyberthreats in 2020. Financial phishing.

Banking 119
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What is a Cyberattack? Types and Defenses

eSecurity Planet

The 2022 SonicWall Cyber Threat Report found that all types of cyberattacks increased in 2021. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 billion malware attacks were identified by the report. CEOs who say that cybersecurity is the biggest threat to short-term growth have doubled in the past year.

Backups 141
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Financial sector saw a 125% increase in mobile phishing attacks during 2020

SC Magazine

Researchers on Thursday reported that despite a 50% increase in mobile device management (MDM) adoption during the past year, average quarterly exposure to phishing attacks on mobile devices in the financial sector rose by 125% – and malware and app risk exposure increased by more than five times.

Mobile 126