How cyber criminals are targeting banks with multi-stage phishing attacks

How cyber criminals are targeting banks with multi-stage phishing attacks

Posted September 1, 2020

How cyber criminals are targeting banks with multi-stage phishing attacks

  • Because banks represent such a hardened yet lucrative target, they are often on the receiving end of the very latest, and more sophisticated, attack strategies.
  • One of the most recent techniques we have seen deployed against banks involves a multi-level phishing attack that exploits the increasing use of cloud-based solutions.
  • As with most cyber attacks, this new multi-level technique begins with a fairly standard phishing email.
  • Attackers will either impersonate a senior executive at the target bank, or a known or trusted partner or supplier.

GLOBAL BANKING & Finance review | Derek Taylor | September 1, 2020