Every 11 seconds a ransomware attack takes place in 1 out of 3 global businesses.
Analysts predict that the frequency of ransomware attacks will rise to one every two seconds, as perpetrators refine their malware and attack methods. The cost of these attacks is expected to soar as well, reaching $265 billion by...
One-out-of-five employees will likely click on a phishing email link. Of those, more than two-thirds (67.5%) will then enter their credentials on the attacker’s website. Making Phishing the most common type of cyber fraud globally.
91% of phishing emails are sent to seduce employees into revealing their passwords...
57% of consumers would stop spending money with their favourite brand if they fell victim to a phishing
attack while 70% agrees it is the brand’s responsibility to protect itself from email impersonation and from fake versions of its website respectively.
Download this casestudy to learn how to protect your...
The Active Adversary Playbook 2022 details the main adversaries, tools, and attack behaviors seen in the wild during 2021 by Sophos’ frontline incident responders.
You’ll learn:
The anatomy of active attacks including root causes and main attack types
The toolsets adversaries have been employing to...
With APIs, those challenges include, first and foremost, security risks. The more APIs you use, and the more complex your API architectures, the harder you’ll need to work to ensure that security issues with APIs don’t undercut the value that APIs bring to your applications and infrastructure.
This whitepaper...
During account registration, the authenticator generates a credential and passes the corresponding public key to the website for association with the user account.
But how do we know that it’s really our user that holds the credential and not an imposter? For instance, someone who stole the authenticator device....
Today, 83% of internet traffic is made up of API calls, with 83% of enterprise workloads in the cloud. These statistics signal the direction not just some but all businesses must take in order to ensure they can tackle the challenges of today and be prepared for whatever the future may hold.
Meanwhile, as data...
With rising customer expectations and increasing threats along with fast moving technology, today every company is a technology company - with security, availability, reliability, performance, and scalability their key concerns.
Organizations today need to scale applications and manage more traffic, address...
Banks using behavioral-based controls are detecting malicious accounts in 92% of cases before traditional AML and transaction monitoring systems alert the bank.
Application fraud has spiked - particularly bogus new accounts - and organizations are scrambling to improve fraud detection mechanisms without negatively affecting the legitimate customer's experience. Robin Love of Early Warning shares insights on how to better predict new account risk.
Insider threats have risen 44% over the past two years. These threats can extend to a number of roles from temporary workers and contract staff to IT administrators, individual contributors, lawyers, auditors, third-party contractors, and employees both current and past... all of them can turn into a malicious...
Digital twins provide a powerful capability for the emulation of networks, enabling data-driven decision making processes. Modern threat deception and network digital twins can accurately model the impact of cyberattacks, as well as analysis, system testing and hardening, and training for each threat scenario.
...
Deception technology seems to be oriented towards high-maturity organizations, but the truth is it can offer security benefits to almost any size of company. Nowadays, even small or local businesses are targeted by threat actors. Even worse, these businesses are often less prepared and have fewer recourses when it...
In 2021, there was a 1,318% increase in ransomware attacks among financial services from both internal and external attacks. Growing cyber fraud, a mobile attack surface, the emergence of cryptocurrency, and a move toward third-party payment partners—all create new cybersecurity challenges that demand powerful...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing ffiec.bankinfosecurity.com, you agree to our use of cookies.