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SEC warns of ransomware attacks


The Securities and Exchange Commission issued an alert about recent reports that threat actors are targeting financial institution networks to access internal resources and deploy ransomware.

July 15, 2020 / By ICBA

The Securities and Exchange Commission issued an alert about recent reports that threat actors are targeting financial institution networks to access internal resources and deploy ransomware.

The agency's Office of Compliance Inspections and Examinations said perpetrators typically demand ransom to maintain the integrity of customer data and return control over internal systems.

The alert and other resources are available in the Vulnerabilities & Mitigation section of ICBA's Bank Cyber and Data Security Guide.

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