Following reports that banks may be leaving customers vulnerable to fraudulent spoofing attempts, I wanted to share commentary from Fabien Rech, SVP EMEA at Trellix, which demonstrates how financial services companies can defend against cyberattacks by bolstering their security. He discusses:
- Why financial services are a prime target for spoofing:the data-rich sector is highly lucrative for fraudsters, meaning it is a top target for malicious emails and other cyberattacks
- How the sector can mitigate against attacks by not only defending against fraudulent impersonations but taking broader steps to shore up their security measures
- The importance of adapting to new threats through living security, as malicious actors look to evolve attack techniques to target this data-rich sector
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