Tallying attack methods on financial services in uncertain times
Event submitted on Wednesday, May 6th 2020, approved by Charles Villanueva ✓
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Conference Event Summary
The following description was either submitted by the Conference Organizer on Wednesday, May 6th 2020, or created by us.
Financial services organizations are prime targets for cybercriminals in the best of times. As we face a global pandemic, however, the myriad threats confronting these companies are increasingly worsening as stock markets around the globe fall to lows not seen in some 30 years.
Already cyberattacks undertaken by both trusted insiders and outside miscreants hit this sector frequently. As well, these onslaughts had grown in sophistication and frequency in recent years. Now, though, as new capabilities have continued to expand for use by myriad bad actors, banking, investment, and other financial organizations are seeing highly targeted phishing, BEC, and ransomware attacks, alongside coordinated insider-driven thefts and breaches.
On top of these, still more vulnerabilities for the attack have arisen as the professionals working for these companies and still other entities with which they connect shelter in place for safety and so work from home.
For this online event, we look at the evolving landscape of threats in the midst of this worsening global health crisis and learn from cybersecurity experts what areas of risk financial institutions’ executive leaders and their infosec teams must home in on to ensure that their organizations are able to remain successfully viable after Covid-19 challenges subside.