{"id":3836,"date":"2019-03-05T15:04:34","date_gmt":"2019-03-05T19:04:34","guid":{"rendered":"https:\/\/solutionsreview.com\/endpoint-security\/?p=3836"},"modified":"2019-03-05T15:49:37","modified_gmt":"2019-03-05T19:49:37","slug":"67-of-financial-institutions-reports-an-increase-of-cyberattacks","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/","title":{"rendered":"67% of Financial Institutions Report an Increase of Cyberattacks"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1584\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod.jpg\" alt=\"67% of Financial Institutions Reports an Increase of Cyberattacks\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod.jpg 800w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod-300x150.jpg 300w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod-768x384.jpg 768w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod-540x270.jpg 540w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod-162x81.jpg 162w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Today, endpoint security solution provider <a href=\"https:\/\/solutionsreview.com\/endpoint-security\/carbon-black-gartner-magic-quadrant-for-endpoint-protection-platforms\/\" target=\"_blank\" rel=\"noopener\">Carbon Black<\/a>, along with information security provider Optiv, released the second annual \u201c<\/span><a href=\"https:\/\/www.carbonblack.com\/resources\/threat-research\/modern-bank-heists-the-bank-robbery-shifts-to-cyberspace\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Modern Bank Heists: The Bank Robbery Shifts to Cyberspace<\/span><\/a><span style=\"font-weight: 400\">\u201d research white paper. Among its significant findings, 67% of surveyed financial institutions reported an increase in cyber attacks over the past year. \u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a href=\"https:\/\/solutionsreview.com\/endpoint-security\/carbon-black-gartner-magic-quadrant-for-endpoint-protection-platforms\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2019\/01\/2018-carbon-black-gartner-speedbump.jpg\" alt=\"Download Link to Gartner 2018 Magic Quadrant for Endpoint Protection Platforms\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The Modern Bank Heists white paper highlights how financial institutions now face risk from the digital-era bank-robbers\u2014cybercriminals. CISOs at these financial institutions benefit from stronger cybersecurity than smaller businesses; however, they still face significant risk from lateral movement and counter incident response. <\/span><\/p>\n<h3 style=\"text-align: justify\"><b>Key Findings from the Modern Bank Heists White Paper<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Over the past year, 26% of surveyed financial enterprises faced a destructive attack. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">This represents a 160% increase since 2018. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">79% of financial CISOs surveyed said their threat actor enemies are becoming more sophisticated.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">21% suffered a watering-hole attack, in which hackers infiltrate the enterprise website and use it to pollute visitors\u2019 browsers. <\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The ATRAPS trojan family serves as the top threat to Finance in February 2019, representing 22.9% of attacks on enterprises. \u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">32% of surveyed businesses suffered an island hopping attack, which targets supply chains and partners to reach the prime target. \u00a0\u00a0\u00a0<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify\"><b>Modern Bank<\/b> <b>Heists and Cyber Governance <\/b><\/h3>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The Modern Bank Heists white paper by <a href=\"https:\/\/solutionsreview.com\/endpoint-security\/carbon-black-gartner-magic-quadrant-for-endpoint-protection-platforms\/\" target=\"_blank\" rel=\"noopener\">Carbon Black<\/a> and Optiv provide an opportunity for enterprises to examine their cybersecurity budgets and communication structures. 62% of financial CISOs still report to the CIO. 69% of surveyed CISOs plan to increase their cybersecurity spending. 68% say they plan to hire additional security professionals. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Financial institutions are the most prominent digital targets on the web; however, businesses of all sizes should take note of these threats; any enterprise can become a target of these kinds of attacks. If your endpoint security solution doesn\u2019t offer perimeter security against these threats, then you may want to consider a change. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You can download the full \u201c<\/span><a href=\"https:\/\/www.carbonblack.com\/resources\/threat-research\/modern-bank-heists-the-bank-robbery-shifts-to-cyberspace\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Modern Bank Heists: The Bank Robbery Shifts to Cyberspace<\/span><\/a><span style=\"font-weight: 400\">\u201d research white paper by Carbon Black and Optiv here.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"#\" href=\"https:\/\/solutionsreview.com\/endpoint-security\/free-endpoint-protection-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2019\/01\/endpoint-security-speedbump-cta.jpg\" alt=\"Download Link to Endpoint Security Buyer's Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, endpoint security solution provider Carbon Black, along with information security provider Optiv, released the second annual \u201cModern Bank Heists: The Bank Robbery Shifts to Cyberspace\u201d research white paper. Among its significant findings, 67% of surveyed financial institutions reported an increase in cyber attacks over the past year. \u00a0 The Modern Bank Heists white paper [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":1584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[162,75,22,13,40,315,30,161,8,92,16],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>67% of Financial Institutions Report an Increase of Cyberattacks<\/title>\n<meta name=\"description\" content=\"Carbon Black and Optiv share their findings on modern bank heists and their perpetrators. 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What can your enterprise do to prevent these attacks?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/\" \/>\n<meta property=\"og:site_name\" content=\"Best Endpoint Protection Security (EPP) Tools, Software, Solutions &amp; Vendors\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/solutionsreview\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-05T19:04:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-05T19:49:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ben Canner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@InfoSec_Review\" \/>\n<meta name=\"twitter:site\" content=\"@InfoSec_Review\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ben Canner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/\"},\"author\":{\"name\":\"Ben Canner\",\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/#\/schema\/person\/357f925262827fcf840b4341920a1541\"},\"headline\":\"67% of Financial Institutions Report an Increase of Cyberattacks\",\"datePublished\":\"2019-03-05T19:04:34+00:00\",\"dateModified\":\"2019-03-05T19:49:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/\"},\"wordCount\":332,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/#organization\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod.jpg\",\"keywords\":[\"Carbon Black\",\"Cybersecurity\",\"Endpoint Protection\",\"Endpoint Security\",\"EPP\",\"Finance\",\"Hacks and Attacks\",\"Infosec\",\"Marketwatch\",\"News\",\"Reports\"],\"articleSection\":[\"Endpoint Security News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/\",\"url\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/\",\"name\":\"67% of Financial Institutions Report an Increase of Cyberattacks\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/endpoint-security\/67-of-financial-institutions-reports-an-increase-of-cyberattacks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2018\/06\/data-breach-costs-mod.jpg\",\"datePublished\":\"2019-03-05T19:04:34+00:00\",\"dateModified\":\"2019-03-05T19:49:37+00:00\",\"description\":\"Carbon Black and Optiv share their findings on modern bank heists and their perpetrators. 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