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How Financial Institutions Can Leverage Modern Bank Heists

A modern-day bank heist does not mean five guys with ski masks and hold everyone hostage until the safe is emptied. It means a somewhat sophisticated attack involving phishing emails, malware and possibly an insider working at the bank. Information security today means addressing a multitude of areas – any time or place personal sensitive data is disclosed or transferred. Consumers are not aware of the risks individuals and financial institutions take when engaging in modern banking. Consumers are becoming more and more aware of this of this and making sure they demand certain levels of customer education.”]

Source: https://www.cuinfosecurity.com/blogs/how-financial-institutions-leverage-modern-bank-heists-p-55

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