The image of the bank robber is hopelessly outdated.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:
- File hosting services misused for identity phishing
October 8, 2024
Microsoft has observed campaigns misusing legitimate file hosting services increasingly use defense evasion tactics involving files with restricted access and view-only restrictions. While these campaigns are generic and opportunistic in nature, they involve sophisticated techniques to perform social engineering, evade detection, and expand threat actor reach to other accounts and tenants. These campaigns are intended to ...
- London Fire Brigade block almost 340,000 cyber attacks
October 8, 2024
The London Fire Brigade, the fire and rescue service for the UK’s capital, has been targeted by nearly 340,000 cyber-attacks over the past year. The data was collected under the Freedom of Information Act (FOI), and analysed by the Parliament Street think tank, observing the number of blocked email attacks by the department. In total, the ...
- Wreaking havoc in cyberspace: threat actors experiment with pentest tools
October 8, 2024
In recent months, adversaries have increasingly opted for the Havoc post‑exploitation framework. The tool is less popular compared to Cobalt Strike, Metasploit, and Sliver. According to BI.ZONE Threat Intelligence, this C2 framework is employed in an attempt to evade cybersecurity systems that may not flag an unknown program as malicious. For instance, such was the approach of ...
- Awaken Likho is awake: new techniques of an APT group
October 7, 2024
In July 2021, a campaign was launched primarily targeting Russian government agencies and industrial enterprises. Shortly after the campaign started, Kaspersky began tracking it, and published three reports in August and September 2024 through their threat research subscription on the threat actor they named Awaken Likho (also named by other vendors as Core Werewolf). While investigating ...
- iPhone flaw could read your saved passwords out loud – update now
October 7, 2024
Apple has issued security updates for iOS 18.0.1 and iPadOS 18.0.1 which includes a fix for a bug that could allow a user’s saved passwords to be read aloud by its VoiceOver feature. VoiceOver allows users to use their iPhone or iPad even if they can’t see the screen. It gives audible descriptions of what’s on ...
- UK’s Sellafield nuclear waste processing plant fined £333K for infosec blunders
October 4, 2024
The outfit that runs Britain’s Sellafield nuclear waste processing and decommissioning site has been fined £332,500 ($440,000) by the nation’s Office for Nuclear Regulation (ONR) for its shoddy cybersecurity practices between 2019 and 2023. Sellafield, located in Cumbria, England, manages more radioactive waste than any other nuclear site in the world, and decommissioning work happening at ...

