The Evolving Landscape of Cybersecurity Threats

Modern financial institutions not only safeguard money but also hold sensitive strategic information, making them prime targets for cyberattacks. Cybercriminals utilize tactics such as fake websites and phishing schemes, often capitalizing on current events, like natural disasters, to lure unsuspecting victims. For instance, attackers have established fraudulent donation sites during disasters to harvest credentials from well-intentioned donors. This evolving nature of cyber threats requires organizations to continuously adapt their security measures in response to increasingly sophisticated tactics employed by attackers.