What the Financial Industry Should Know to Recognize and Combat Cyber Threats (Part One of Two)

In addition to the rise of ransomware attacks, financial Trojans are a widespread threat faced by the financial industry, according to Symantec’s 2017 Internet Security Threat Report (ISTR). In a recent webinar, Symantec’s technical director and threat researcher provided insight on the key findings of the ISTR, which includes a comprehensive overview of the current cyber-threat landscape, with a focus on the latest and growing threats to the financial sector. This first part of our two-part article series covering the ISTR and Symantec’s webinar summarizes the threat landscape and the speakers’ insights on what common attacks look like, new threat actors and tools, and how to recognize them. Part two will go further in depth on financial Trojans and provide best practices for avoiding and mitigating these attacks. See also “How Financial Service Providers Can Address Common Cybersecurity Threats” (Mar. 16, 2016).

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