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.
Cybersecurity in 2020 will be viewed through many lenses — from differing attacker motivations and cybercriminal arsenal to technological developments and global threat intelligence — only so defenders can keep up with the broad range of threats.
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.