6 Cyber-Threats for Financial Firms in 2017: Cisco

Financial services firms in particular are “lucrative targets for online criminals,” according to Cisco’s 2017 Midyear Cybersecurity Report. Malware authors are specifically targeting financial firms with malware like Dridex and the Zeus Trojan, according to the report.

Meanwhile financial firms are trying to integrate new technology with legacy systems using disparate vendors and products. Cisco found almost 60% of financial firms are using at least six different technology vendors, and two-thirds are using six different security products. However, the report also found it was “common” to see one firm using as many as 30 different vendors.

Exploit Kits

1. Exploit Kits

Malware, Spyware and Ransomware

2. Malware, Spyware and Ransomware

Business Email Compromise or Spear Phishing

3. Business Email Compromise or Spear Phishing

Slow Detection Times

4. Slow Detection Times

Supply Chain Attack

5. Supply Chain Attack

Internet of Things

6. Internet of Things

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