Blogs About Financial Cybersecurity

Global financial stability is facing an unprecedented threat due to the escalating frequency and sophistication of cyberattacks. According to a recent report by the International Monetary Fund (IMF), the financial sector continues to be a prime...

“If an attacker successfully hacks our workstations or trading terminals, they’d have full access to the firm’s critical infrastructure.” This quote from a Chief Information Security Officer at a leading US-based hedge fund shines a light on the...

“When,” not “if.” For financial cybersecurity teams, dealing with regular cyberattacks is part of the job. Almost 23 percent of all cyber attacks were aimed at financial institutions in 2021. And 63 percent of financial institutions experienced an...

Overview

• Morphisec Labs tracked a new MirrorBlast campaign targeting financial services organizations 
• MirrorBlast is delivered via a phishing email that contains malicious links which download a weaponized Excel document
• MirrorBlast has low...

Cybercrime is rising across all levels of industry and government. Nowhere is this more apparent than in financial services. Firms like banks and credit unions experience attacks nearly 300 times more often than other industries. This is even...