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Why Banks Can Expect More Attacks

Cyberattacks backed by nation-states are on the rise, and U.S. banks are prime targets. Financial fraud sources say BofA and Chase were hit with denial-of-service attacks likely backed by Iran. Banks of all sizes should prepare now for increasing attacks, experts say. The timing of the attacks around the election is key, one expert says. Banks and credit unions should tell customers about potential threats to their accounts, he says. A fraud alert issued Sept. 17 by FS-ISAC suggests 17 steps institutions should take to mitigate risks posed by cyberthreats.”]

Source: https://www.cuinfosecurity.com/blogs/banks-expect-more-attacks-p-1361

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