As the world continues to grapple with the ongoing COVID-19 pandemic, the financial industry has faced a new set of challenges. With an increasing reliance on digital banking and online transactions, financial institutions have become a prime target for cyber attacks and fraud. A recent report has revealed that 74% of financial institutions have seen a significant increase in COVID-related threats since the start of the pandemic.
The spike in COVID-related threats faced by financial institutions can be categorized into several different types. These include phishing scams, malware attacks, ransomware, and fraud schemes targeting customers. Hackers are exploiting the fear and uncertainty surrounding the pandemic to launch sophisticated and coordinated cyber attacks on financial institutions.
Financial institutions have ramped up their cybersecurity measures in response to the surge in COVID-related threats. They have increased their investments in security technologies, implemented multi-factor authentication, conducted regular security audits, and provided training for employees to recognize and respond to potential threats. Collaboration with law enforcement agencies and cybersecurity firms has also been crucial in mitigating risks.
During the COVID-19 pandemic financial institutions are facing a rise in phishing scams, malware attacks, ransomware, and fraud schemes targeting customers.
In response to the increase in threats, financial institutions have increased cybersecurity measures, implemented multi-factor authentication, conducted regular security audits, and provided training for employees.
Customers can protect themselves by being cautious of emails or messages from unknown senders, avoiding clicking on suspicious links, regularly updating their passwords, and monitoring their accounts for any unusual activity.
|
Google Dorks Database |
Exploits Vulnerability |
Exploit Shellcodes |
|
CVE List |
Tools/Apps |
News/Aarticles |
|
Phishing Database |
Deepfake Detection |
Trends/Statistics & Live Infos |
Tags:
74% of FIs Report Rise in COVID-Linked Risks