The modern bank heist is already under way


The image of the bank robber is hopelessly outdated. Today’s heist does not begin with a getaway car outside a branch. It begins quietly, with an adversary establishing persistence inside a financial institution’s network and studying how the organisation responds, says Tom Kellermann, VP of AI Security and Threat Research at Trend AI.

The objective is no longer simply to steal money. Attackers want access to the financial system itself: payment infrastructure, confidential market intelligence, investment strategies, customer identities and the mechanisms used to defend them. TrendAI’s Modern Bank Heists in 2026 research, based on a survey of 48 financial-sector CISOs, reveals the scale of this shift. Eighty-nine per cent reported an increase in AI-enabled attacks, while 55 per cent had experienced a rise in attacks against APIs. Almost half, 46pc, had encountered attempts to steal non-public market information or investment strategies.

Read more…
Source:  Trend Micro News


Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox


Related:

  • Mitel Releases Security Advisories for MiVoice MX-One and MiCollab

    July 24, 2025

    Mitel has released security advisories to address vulnerabilities in Mitel MiVoice MX-ONE and MiCollab, which are cloud-based platforms that help manage business communications. The critical vulnerability, which has no CVE identifier at the time of publishing this Cyber Alert, affects Mitel MiVoice MX-One and is an authentication bypass vulnerability with a CVSSv3 score of 9.4. Successful ...

  • Disrupting active exploitation of on-premises SharePoint vulnerabilities

    July 23, 2025

    Expanded analysis and threat intelligence from Microsoft continued monitoring of exploitation activity by Storm-2603 leading to the deployment of Warlock ransomware. Based on new information, we have updated the Attribution, Indicators of compromise, extended and clarified Mitigation and protection guidance (including raising Step 6: Restart IIS for emphasis), Detections, and Hunting sections. Read more… Source: Microsoft Sign up for ...

  • FBI: North Korean IT Worker Threats to U.S. Businesses

    July 23, 2025

    The Federal Bureau of Investigation (FBI) is providing an update to previously shared guidance regarding Democratic People’s Republic of Korea (North Korea) Information Technology (IT) workers to raise public awareness of the threat posed to U.S. businesses. North Korea is evading U.S. and U.N. sanctions by targeting private companies to illicitly generate substantial revenue for the ...

  • Key figure behind XSS.IS forum arrested in Ukraine

    July 23, 2025

    A long-running investigation led by the French Police and Paris Prosecutor, in close cooperation with their Ukrainian counterpart and Europol, has led to the arrest of the suspected administrator of xss.is, one of the world’s most influential Russian-speaking cybercrime platforms. The forum, which had more than 50 000 registered users, served as a key marketplace for ...

  • Cambodia: Authorities arrest over 3,000 suspects in nationwide online scam crackdown

    July 23, 2025

    The Secretariat of the Commission for Combating Online Scams (CCOS) presented the results of an operation to suppress online scam activities across the Kingdom of Cambodia yesterday. After CCOS’s initial meeting on June 27 and Prime Minister Hun Manet’s strict directive on July 15, the Unified Administrative Command in all 25 capital and provincial administrations took ...

  • Hundreds of organizations breached by SharePoint mass-hacks

    July 23, 2025

    Security researchers say hackers have breached at least 400 organizations by exploiting a zero-day vulnerability in Microsoft SharePoint, signaling a sharp rise in the number of detected compromises since the bug was discovered last week. Eye Security, a Dutch cybersecurity firm that first identified the vulnerability in SharePoint, a popular server software that companies use to ...