Data-Wiping Cyberattacks Plague Financial Firms

Over a quarter of surveyed financial institutions reported that they were targeted by destructive cyberattacks over the past year, bent on completely destroying data.

That’s according to a new Carbon Black report unveiled at RSA this year. The report, “Modern Bank Heists: The Bank Robbery Shifts to Cyberspace,” outlines the top attacks that financial firms are facing – from phishing techniques to malware and banking trojans.

According to the report, 67 percent of surveyed financial institutions have reported an increase in cyberattacks over the past 12 months, while 26 percent said that they were victims of a destructive attack focused on wiping out data (as opposed to aiming for financial or geopolitical gain).

Threatpost’s Lindsey O’Donnell talked to Tom Kellermann, chief cybersecurity officer at Carbon Black, about the findings.

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Source: ThreatPost