Loud based attacks

Cloud-based attacks have become popular as many financial services organizations store confidential information in the cloud. As a result, cybercriminals have started organizing large-scale attacks to get the data they need from cloud storage. Therefore, financial institutions should proceed with caution. It is recommended to ensure the secure configuration of cloud infrastructure to avoid data leaks.

  Supply Chain Attacks

This method of malware distribution exploits the bank’s supply chain to spread malware. For cyber attackers, this is a great opportunity to compromise the distribution system and remain there for a long time. Such attacks usually come in the form of legitimate updates that contain malicious code. To protect against cyber attacks, financial organizations need to inform customers about the ways in which cyber criminals can obtain their personal information through updates.

 Artificial Intelligence

Artificial intelligence brings many benefits to the nepal phone number list cybersecurity field. Certain financial software uses AI principles to reduce money laundering risks and make your compliance work more effective and less time-consuming. With the help of AI, IT experts create state-of-the-art automated security systems that help financial institutions improve security arnold hoog field service engineer protocols and prevent cyber threats. However, AI-driven tools can also be used by cyber attackers to develop smart malware tools and transmit malicious code to bypass innovative security systems.

  Social Engineering

Social engineering is close to phishing. However, these cybersecurity threats may pursue different goals. It may also come in the form of whaling attacks or sending fake invoices. In short, it is a form of threat that uses behavioral tactics to force people to disclose vietnam news latter confidential or sensitive information or provide funds to cybercriminals. The methods commonly used by attackers are to build trust and courtesy. For example, fraudsters may hack into your friend’s account and ask you to loan them money in their name. It is important to remember that people are the most vulnerable link in the chain. Therefore, making customers and employees aware of the methods used by fraudsters is crucial to preventing cybercrime.