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Cybercriminals vs financial institutions in 2018: what to expect

06
Dec
2017
Cybercriminals vs financial institutions in 2018: what to expect

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2017 was a year of great changes in the world of cyber threats facing financial organizations.

Firstly, in 2017 we witnessed a continuation of cyber attacks targeting systems running SWIFT — a fundamental part of the world’s financial ecosystem. Attackers were able to use malware in financial institutions to manipulate applications responsible for cross-border transactions, making it possible to withdraw money from any financial organization in the world, because SWIFT software is unified and used by almost all the major players in the financial market

 

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