Threat actors are increasingly targeting the financial services sector’s supply to steal data – and a favored tactic is ransomware extortion, the Financial Services Information Sharing and Analysis Center said in its latest weekly risk summary.
Details: FS-ISAC said:
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These attacks rely on various techniques, often social engineering, that enable cybercriminals to access data and release it for a price.
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Artificial intelligence makes these attacks more sophisticated, effective, and frequent.
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It recommends a checklist to defend firms against ransomware.
ICBA Resources: The FS-ISAC publication and other resources are available on ICBA's Cyber and Data Security Resource Center.