Credit Card Compromise Up 212% as Hackers Eye Financial Sector

guest · Apr 29, 2019

Credit Card Compromise Up 212% as Hackers Eye Financial Sector
Financial services firms saw upticks in credential leaks and credit card compromise as cybercriminals go where the money is
April 29, 2019
https://www.darkreading.com/vulnera...omise-up-212--as-hackers-eye-financial-sector

More than one-quarter of all malware attacks target the financial services sector, which has seen dramatic spikes in credential theft, compromised credit cards, and malicious mobile apps as cybercriminals seek new ways to generate illicit profits.

It's hardly surprising to learn attackers want money; what researchers highlight in IntSights' "Banking & Financial Services Cyber Threat Landscape Report" is what they look for and how they obtain it.
The first quarter of 2019 saw a 212% year-over-year spike in compromised credit cards, 129% surge in credential leaks, and 102% growth in malicious financial mobile apps.

Banks and other financial services organizations were targeted in 25.7% of all malware attacks last year – more than any of the other 27 industries tracked.
"You do expect that the industry would do more to mitigate this problem, but you still see where hackers are going," she says.
Click to expand...

Banking & Financial Services Cyber Threat Landscape Report (April 2019)

Log in or Sign up

Credit Card Compromise Up 212% as Hackers Eye Financial Sector

guest Guest

Log in or Sign up

Credit Card Compromise Up 212% as Hackers Eye Financial Sector

guest Guest

Useful Searches