Community banks and credit unions are a favorite target for fraudsters, experts say. Attacks waged against financial institutions and their brands still account for 75 percent of phishers’ targets. The financial industry continues to rely too much on authentication and not enough on detection of malware and network intrusions to combat phishing. Stronger authentication efforts can help mitigate phishing risks by making it more difficult to craft phishing e-mails that look legitimate. But education about what to look for in a spear-phishing attack is perhaps the best way to mitigate the risks.”]
Source: https://www.cuinfosecurity.com/spear-phishing-how-to-fight-back-a-6094