Odd Lots Security, Bookmarked: Finance (Sponsored Content)
Sep 15, 2024
JF Legault, Deputy CISO at J.P. Morgan Chase, sheds light on the escalating threats facing financial institutions. He discusses sophisticated phishing schemes and cyber heists that go beyond mere theft. Legault emphasizes transforming teams into early detection networks as a key strategy for resilience. David Adrian from Chrome highlights the importance of web browsing protections and robust monitoring as critical components of this strategy. Together, they explore how adapting to evolving threats can safeguard sensitive financial data.
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Finance as a Cybercrime Target
- Financial institutions are prime targets for cybercrime, holding valuable data beyond money.
- This includes strategic information like transactions, making them attractive targets.
Fake Donation Sites
- Threat actors exploit crises like natural disasters by creating fake donation websites.
- These sites harvest credentials from well-meaning donors.
Ransomware's Impact
- Ransomware attacks now target availability and disruption, impacting organizations beyond those holding sensitive data.
- This broader disruption makes ransomware a serious threat across various sectors.