Although they are vulnerable to the phishing tricks and tools that target their customers, banks are still more concerned about another ‘old enemy’ – targeted attacks.Moreover, 64 per cent of banks admit that they will invest in improving their IT security regardless of the return-on- investment, in order to meet the growing demands https://www.hwugu.com of government regulators, top management and even their customers.Rising phishing and social engineering attacks on customers have seen banks reassess their security efforts in this area.
61 per cent of respondents see improving the security of apps and websites that their customers use as one of their main security priorities, closely followed by the implementation of more complex authentication and verification of log-in details (a key priority for 52 per cent). The majority of the banks surveyed admitted (46 per cent) that their customers are frequently under attack from phishing attempts, with 70 per cent of banks also reporting financial fraud incidents as a result, leading to monetary loss.
The detection of abnormal, potentially malicious activity, combining legitimate tools with fileless malware, requires a combination of advanced anti-targeted solutions and extended security intelligence. Sharing more third party intelligence, in this respect, could help banks prepare for threats that they may not otherwise expect. Sharing threat intelligence would help banks to identify new and emerging threats quickly, an important point for them to note, considering the low levels of concern banks have about some of their most vulnerable devices, such as ATMs.
61 per cent of respondents see improving the security of apps and websites that their customers use as one of their main security priorities, closely followed by the implementation of more complex authentication and verification of log-in details (a key priority for 52 per cent). The majority of the banks surveyed admitted (46 per cent) that their customers are frequently under attack from phishing attempts, with 70 per cent of banks also reporting financial fraud incidents as a result, leading to monetary loss.
The detection of abnormal, potentially malicious activity, combining legitimate tools with fileless malware, requires a combination of advanced anti-targeted solutions and extended security intelligence. Sharing more third party intelligence, in this respect, could help banks prepare for threats that they may not otherwise expect. Sharing threat intelligence would help banks to identify new and emerging threats quickly, an important point for them to note, considering the low levels of concern banks have about some of their most vulnerable devices, such as ATMs.
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