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Mobile device management (MDM) deployments haven’t exactly put the kibosh on threats to financialservices. In fact, even while MDM adoption rose 50%, quarterly exposure to phishing between 2019 and 2020 jumped by 125%, according to the Lookout FinancialServices Threat Report.
Emerging Threats and Trends The landscape of email threats continues to evolve, with VIPRE’s report shedding light on several alarming trends: Deepfake and AI Exploitation: Attackers increasingly leverage deepfake technology and AI to craft more convincing phishing emails, significantly raising the stakes for email security.
Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016.
From SecurityAwareness to Culture Change. Traditionally CISOs have talked about the importance of improving securityawareness which has resulted in the growth of those test phishing emails we all know and love so much. For the most effective securityawareness, culture is key.
It also includes network vulnerabilities, like open or unprotected ports, unpatched software, and avenues for phishing or social engineering attacks. However, this necessary flexibility may come at the expense of security, in a vertical which is consistently ranked top (or close to top) in terms of the most targeted sectors.
The prevalence of digital fraud attempts on businesses and consumers continues to rise as malicious actors are shifting their focus in 2021 from financialservices to travel and leisure and other industries. globally.
. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the FinancialServices, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).
Critical Start today released its biannual Cyber Intelligence Report, featuring the top threats observed in the first half of 2023 and emerging cybersecurity trends impacting the healthcare, financialservices, and state and local government industries.
Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financialservices, and technology sectors. These incidents demonstrate the critical importance of robust third-party risk management and the need for enhanced security protocols in vendor relationships.
“The tech’s getting better and the cost is getting lower and those things are probably what’s working against the [security] community,” said Sean Nikkel, senior cyber threat intel analyst at Digital Shadows. Anyone today can create a domain and then leverage software such as WordPress to quickly create a website,” said Ventura. “It
I had much more authority when I was working in financialservices," Sherry said. Sherry explained that a team of 15 subject matter experts covering all aspects of risk—including contracts, network security, APIs, integration, user experience, privacy, etc. Measuring a culture of security using metrics.
terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing. Administrators who access IT management interfaces—e.g., Have an incident response plan in place.
And yet, for all of its sophistication, Nobelium also engages in routine phishing campaigns to get a foothold in targeted organizations. “Once again, we are seeing how modern cyber crime is targeting more than just individuals or small organizations,” observes Erich Kron, securityawareness advocate at KnowBe4.
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