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Cyber security measures ensure this data is safeguarded against breaches, fraud, hacking, and other forms of cybercrime. Cyber security in banking is about securing the entire digital infrastructure of a bank — from online banking systems to internal databases — against unauthorized access, data leaks, and malicious attacks.
While organizations can invest in sophisticated cybersecurity and threatdetection solutions to detect anomalous network and system activity, a socially-engineered conversation between a malicious actor and an untrained employee can easily slip under the radar. How does AI-powered social engineering affect businesses?
By examining their methods, motivations, and recent attacks, we equip enterprises with the insights needed to strengthen their defenses against these actors. Significant Activity Meteoric Ascent in 2024 RansomHub shot to prominence in early 2024 after law enforcement dismantled major cybercrime groups like ALPHV (“BlackCat”) and LockBit.
By examining their methods, motivations, and recent attacks, we equip enterprises with the insights needed to strengthen their defenses against these actors. Significant Activity Meteoric Ascent in 2024 RansomHub shot to prominence in early 2024 after law enforcement dismantled major cybercrime groups like ALPHV (“BlackCat”) and LockBit.
Cybercrime will go to the next level: Cyberattackers will implement improved skills, “shift left” attacks, and shifting strategies to adjust to evolving cyberdefense. AI-Powered Cybercrime Despite the advancements in using AI to improve security, cybercriminals also have access to AI and LLMs.
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