The past year has been extremely eventful in terms of the digital threats faced by financial institutions — cybercrime groups have used new infiltration techniques and the geography of attacks has become more extensive.
Bitcoin may be the most famous cryptocurrency but, despite a dizzying rise, it’s not the most lucrative one and far from alone in a universe that counts 1,400 rivals, and counting.
With the diversity and quantity of online financial threats increasing, recent research from Kaspersky Lab and B2B International has found that 48% of consumers have been targeted by scams designed to defraud and trick them into revealing sensitive and financial information for criminal gain. An alarming 11% have lost money as a result of being targeted online.
Over two-thirds of companies prefer to bank with a provider who has a solid security reputation, according to a Kaspersky Lab survey. Those banks that make security a priority and take every effort to ensure measures are in place to safeguard against online financial fraud will have an advantage, when it comes to retaining existing customers and reaching new ones.
Together with Novetta and other industry partners, Kaspersky Lab is proud to announce its contribution to Operation Blockbuster. The goal of the operation is to disrupt the activity of the Lazarus Group – a highly malicious entity responsible for data destruction as well as conventional cyber-espionage operations against multiple companies around the world.