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Despite MDM, Financial Services Plagued by Phishing, Malware

Security Boulevard

Mobile device management (MDM) deployments haven’t exactly put the kibosh on threats to financial services. In fact, even while MDM adoption rose 50%, quarterly exposure to phishing between 2019 and 2020 jumped by 125%, according to the Lookout Financial Services Threat Report.

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Japan ’s FSA warns of unauthorized trades via stolen credentials from fake security firms’ sites

Security Affairs

Japan s Financial Services Agency (FSA) warns of hundreds of millions in unauthorized trades linked to hacked brokerage accounts. Japan s Financial Services Agency (FSA) reported that the damage caused by unauthorized access to and transactions on internet trading services is increasing.

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2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Nearly two-thirds (64%) of FinServ said it’s more complex to secure data in the cloud than on-prem, compared to 55% of general respondents.

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Microsoft seized 240 sites used by the ONNX phishing service

Security Affairs

Microsoft disrupted the ONNX phishing service, seizing 240 sites and naming an Egyptian man as the operator behind the operation. Microsoft announced the disruption of the ONNX phishing service, another success against cybercrime which led to the seizure of 240 sites. ” reads the analysis published by Microsoft.

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2025 Top Cyber Threats to Financial Services and How To Mitigate Them

Mitnick Security

In 2025, financial services firms arent asking if an attack will happen but how to stop it or minimize the fallout when it does. Phishing, ransomware, and insider threats are exposing gaps in outdated defenses and putting customer data at risk.

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Report Finds 50% of Scattered Spider Phishing Domains Targeted Finance & Insurance

Digital Shadows

Phishing Remains Top Tactic, Fueled by Teams Abuse Figure 1: Top attack techniques in true-positive customer incidents for finance & insurance sector, H2 2024 vs H2 2023 Phishing dominated cyber attacks in H2 2024, accounting for over 90% of incidents across industries due to its simplicity and effectiveness.

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Identity theft of 225,000 customers takes place at Latitude Financial Services

CyberSecurity Insiders

Australian firm Latitude Financial Services is hitting news headlines as a cyber attack on its servers has led to the data breach of 225,000 customers. The post Identity theft of 225,000 customers takes place at Latitude Financial Services appeared first on Cybersecurity Insiders. The company which has over 2.8