In the last 20 years, in the banking sector, the internet has proven to be a game-changer. The opportunity for banks to trade faster, more simply and on a global scale has revolutionized the business. But unfortunately, the cybercrime industry has developed even faster.
The losses being reported from recent bank cyber attacks are shockingly large- from the Carbanak APT estimated to have netted $1B worldwide, to the more recent Bangladesh bank heist.
So what can be done by information security teams in the banking sector?
Read NNT's take on Cyber Security within the financial industry, analyzing the threat landscape and what steps need to be taken to help mitigate the banking industry’s risk.