Banks continue to come under designed attack from malware and APTs. Indeed, the prevalence of financial malware is more than double that of ransomware. Overall, the cybersecurity threat landscape has made significant advancements to target verticals with high value assets and business models, making the financial sector in general a prime target.
The holidays signal the peak shopping season for both brick and mortar shops and online retailers. This year’s sales are predicted to bring in $682 billion for US retailers alone. But as the holiday shopping season approaches, we also need to brace for more retail focused cyberattacks from Point Of Sale (POS) malware attacks to retail and bank account takeovers.