Retail And Consumer Goods Companies Face Cyber Threats From The Following Actors:
Ransomware, supply chain, and deepfakes: The finance industry is constantly targeted by numerous threat actors, and they are always. Fincen has reportedly identified roughly $5.2 billion in bitcoin (btc) that it believes is related to ransomware payments.
Phisher Threat Actors And Phishing.
The threat of a crippling cyberattack continues to develop. The evolution of tactics, techniques, and procedures (ttps) used to attack banks and financial services institutions ; Silence is a financially motivated threat actor targeting financial institutions in different countries.
The Financial Services Industry Is Implementing New Technology Solutions Such As Cloud Computing, Artificial Intelligence, And Digital Services Including Mobile Banking.
The latest extreme but plausible threat scenarios in financial services. Targeted ransomware is the new normal and a part of financial organizations’ threat models. Mapping financial sector attacks with an interactive financial attack tree
Due To The Critical Position Of Continued Banking Services And The High Probability That Victims Pay The Ransom, Financial Institutions Have Quickly Grown In Popularity Amongst Hackers And Malicious Actors Of All Types.
The group was first seen in june 2016. While emerging tech such as ai and iot offer multiple benefits to financial services organisations and their customers and clients, they can also be used by threat actors to carry out advanced and sophisticated attacks. However, security awareness training can reduce phishing threats costs by more than 50 percent.
Threat Actors Use A Variety Of Techniques (Mostly Based Around Social Engineering) To Steal Login Credentials From Customers And Employees, And Use Them To Steal Money.
Among large organizations, ransomware attacks cost organizations $5.66 million annually. Compromised credit cards, attacks on bank networks, banking trojans, and other common ways threat actors target the industry; Attacks on organizations in other industries indirectly compromising businesses in the financial industry