Threat landscape shows continued investment by threat actors financially motivated to “follow the money” as banking via a mobile app becomes increasingly ubiquitous.
Blockchain can help cybersecurity professionals looking to secure mobile applications with its transparency, decentralization and the encryption it provides.
Financial institutions must protect themselves from salami attacks, which consist of a sequence of small, fraudulent transactions that can easily bypass detection but, combined, can result in considerable losses.
Digital banking provides faster processing of financial transactions, more convenience, and a model that allows for the continuation of a financial industry even in the face of a pandemic. However, digital banking makes banks vulnerable to cyberattacks. Banks are now facing fresh security challenges that were brought on or affected by COVID-19. Here is what you need to know about them and how to protect yourself.
Kaspersky Lab announced the results of a survey which found that banking customers are hesitant to use mobile features due to fraud and security concerns.
