Cybercriminals took advantage of WFH to target financial services companies, says Financial Stability Board report

Criminals targeted security gaps at financial services firms as their staff moved to working from home, according to a report issued by the Financial Stability Board (FSB) on Tuesday.

Established after the G20 London summit in April 2009, the FSB makes recommendations about the global financial system and coordinates financial rules for the G20 group of nations in a non-binding way.

“Working from home (WFH) arrangements propelled the adoption of new technologies and accelerated digitalization in financial services,” the report states.

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Source: The Register