The top cybersecurity concerns for financial firms revealed

From: RegTech Analyst

Financial service firms face no shortage of digital dangers, but some are worse than others.

According to a Twitter poll conducted by cyberthreat intelligence provider Blueliv, banking trojans and mobile malware were deemed as the two biggest cybersecurity risks right now, representing 31% and 28% of the votes respectively.

This comes as Blueliv’s researchers have noted a 283% increase of botnets relating to Trickbot as well as a 130% increase in Dridex botnets. Both botnet types have been linked to the proliferation of  banking trojans and malware.

The report also noted that malware targeting mobile apps is quickly growing to become one of the biggest threats to the financial services sector.

“Organizations in the financial sector face a constantly changing threat landscape,” commented Daniel Solís, CEO and founder of Blueliv. “Business priorities have shifted and digital risk management is now central. Because they are such high-value targets for cybercriminal activity, it is imperative that financial services organizations monitor what is happening both inside and outside their networks in real-time to create effective mitigation strategies before, during and after an attack.”

Copyright © 2019 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.