Financial applications are closely connected or even directly tied to a user’s finances, making them prime targets for cybercriminals. We provide simple steps and guidelines on how to protect mobile banking apps from common scams and malicious actors.
Our research highlights the current and new risks that the financial industry will have to defend against, and predict how cybercriminals will abuse and attack Open Banking.
A new family of malware with an apparent connection to the notorious Ryuk ransomware was uncovered — but instead of encrypting files, they were found targeting government-, military-, and finance-related files.
Contrary to their moniker, the Silence cybercriminal group has reported to be actively targeting banks and financial institutions in more than 30 countries, managing to steal US$4.2 million from June 2016 to August 2019.
The source code of the notorious Carbanak backdoor, which was linked to several high-profile data breaches, was found on the VirusTotal platform. What does this mean to enterprises?
Our continued forays into the cybercriminal underground allowed us to see how the tactics and techniques used to attack financial organizations changed over the years.
To move forward, we need to look into the past to figure out what the best course of action is. Take a trip down memory lane with this infographic to see how far we've come in securing the digital world.