A new industry report by Blueliv, an Outpost24 company, has deep dived into the evolving threat landscape that is surrounding the financial services sector. Using advanced threat intelligence gathered by Blueliv’s Threat Compass; the ‘Follow the Money’ report reveals the main cyber threats and the culprits behind these malicious attacks to forewarn these vital institutions. The report also provides guidance for organisations within the financial services sector on how to tackle these challenges.
Threat intelligence gathered by Blueliv from the dark web and deep web showed that the main cyberthreats targeting the industry included: Phishing, Credential Theft, Ransomware, Business Email Compromise (BEC), Malware infection, Banking Trojans, Webinjects and Mobile App Malware.
Each of these attack vectors must be a focus of attention as they enable cybercriminals to commit fraud, successfully breach enterprises, cause reputational damage, manipulate the stock markets and lead to non-compliance penalties.
The main threat actors targeting the banking and financial services sector, as revealed by the Blueliv Threat Context, are:
- Lazarus Group
- The Cobalt Gang
- FIN7