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Contrast Security: The financial sector is plagued by increasingly sophisticated cyberattacks

The report reveals the top attack vectors & cyber trends now facing global financial sector leaders and the evolving cybersecurity strategies they’re using to fight back.

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Third-Party Providers Create Identity and Access Control Challenges for Fintech Apps

Cyberattacks on financial firms are more damaging, target sensitive data

Two-thirds of financial service institutions experienced attacks targeting their “market strategies . [in a way that] aligns with economic espionage, according to a new report.

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Financial leaders grappling with more aggressive and sophisticated attack methods

The financial sector is increasingly falling victim to ransomware, as cybercriminal cartels evolve beyond wire transfer fraud.

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Cybercriminals are increasingly targeting the financial industry

Cybercrime tends to follow the money when it comes to selecting targets, so it’s perhaps not too surprising to learn that 63 percent of financial institutions admit experiencing an increase in destructive attacks.

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