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The image of the bank robber is hopelessly outdated.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:

  • Task scams surge by 400%, but what are they?

    December 16, 2024

    An unfamiliar type of scam has surged against everyday people, with a year-over-year increase of some 400%, putting job seekers at risk of losing their time and money. The emerging threat is delivered in “task scams” or “gamified job scams.” While these scams were virtually non-existent in 2020, the FTC reported 5,000 cases in 2023 and ...

  • HiatusRAT Actors Targeting Web Cameras and DVRs

    December 16, 2024

    The Federal Bureau of Investigation (FBI) is releasing this Private Industry Notification (PIN) to highlight HiatusRAT1 scanning campaigns against Chinese-branded web cameras and DVRs. Private sector partners are encouraged to implement the recommendations listed in the “Mitigation” column of the table below to reduce the likelihood and impact of these attack campaigns. Threat HiatusRAT is a ...

  • 2024 Threat Landscape Statistics: Ransomware Activity, Vulnerability Exploits, and Attack Trends

    December 16, 2024

    In this blog, the global experts across our Rapid7 Labs and Managed Services teams share real-time vulnerability insights and threat intelligence so that our customers can anticipate and prevent breaches, pinpoint critical threats, and confidently take command of their attack surface. The Rapid7 Labs team has rounded up statistics and trends that caught their eye throughout ...

  • NotLockBit ransomware targets Apple users with advanced file-locking and data exfiltration

    December 15, 2024

    The recent discovery of macOS.NotLockBit suggests a shift in the landscape, as this newly identified malware, named after the notorious LockBit variant, could mark the beginning of more serious ransomware campaigns against Mac users. Ransomware targeting Mac devices tends to lack the necessary tools to truly lock files or exfiltrate data. The general perception has been ...

  • Cyber attack may affect personal information of thousands of Rhode Islanders

    December 13, 2024

    A massive cyberattack could impact the personal information of hundreds of thousands of Rhode Islanders after hackers targeted a state contractor that stores health and personal data. Governor Dan McKee announced that the personal information of thousands was compromised in a cybersecurity attack. Anyone who has ever received or applied for health coverage or human service ...

  • Six arrested in South Thailand for call centre scams and firearms

    December 13, 2024

    Police apprehended six people suspected of being involved in call centre scams and the illegal trade of firearms. The Cyber Crime Investigation Bureau (CCIB) announced the arrest on Tuesday, December 10, indicating possible connections between the suspects and insurgency financing in Thailand’s southern regions. The arrests took place on December 10 in Songkhla and Yala provinces ...