Cyber Threats Against Financial Services Up 56%

By   ISBuzz Team
Writer , Information Security Buzz | Aug 23, 2019 04:34 am PST

It has been reported that, according to security firm ZeroFox, there has been a 56% year-over-year increase in digital threats targeting the financial space. Researchers scanned 2.9 billion pieces of content and found more than 8.9 million security events in a 12-month period. Brand abuse and manipulation was the most common threat, with more than 250,000 events. Ninety percent of these were name impersonations, often not easily detected due to disguising tactics.