U.S. financial institutions are vulnerable to a new array of attacks from cybercriminals and nation-state hackers, experts told a Congressional panel this week. Cybersecurity expert: “America is grappling with a cyber insurgency, and our financial sector is the number one target” Lawmakers introduced a series of legislative proposals to deal with the challenges facing financial institutions. Cyberattacks against the American financial sector have increased by a staggering 238% since the COVID-19 crisis began, experts testified.”]
Source: https://www.bankinfosecurity.com/congress-hears-fresh-cyberthreats-to-us-financial-firms-a-14463