Financial Institutions are Suffering from Increasingly Sophisticated Cyber Attacks, Which Require a Defensive Paradigm Shift, According to the Cyber Bank Heists Report Released by Contrast Security
LOS ALTOS, Calif., Feb. 7, 2023 /PRNewswire/ -- Contrast Security (Contrast), the code security platform built for developers and trusted by security, today released its Cyber Bank Heists report, an annual report that exposes the cybersecurity threats facing the financial sector.
- Financial sector security leaders from around the world - in a series of interviews - revealed specific trends when it comes to notable cyberattacks, e-fraud and cyber defense.
- "The complexity of securing financial digital systems and the need to develop new ways to guard against sophisticated cyberattacks has increased exponentially in the last year.
- That is why the Cyber Bank Heists report not only highlights these trends but depicts countermeasures that can help institutions defend from within."
- Contrast also published a three-part blog series that dives deeper into cyberattack trends , e-fraud , and defensive shifts .