Cybersecurity Specialist On Banks See Spike In Cyber Attacks

There is no doubt that threat actors will be attempting to exploit weaknesses in the current situation – trying their luck and hoping that financial institutions will have taken their eye off the ball. Companies have inevitably had to change tact and adapt to their new surroundings, which often leads to security being pushed further down the list of priorities – and in doing so provides attackers with a chance. With such a change in environment, cybercriminals have naturally targeted any new weaknesses, and are unlikely to stop doing so until security is back as a number one priority. The majority of people affected by attacks like these will be covered, and are unlikely to lose out immediately, but the banks may need to cover costs from any damage caused, which may result in knock-on costs to the customer.  Read Less