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Financial cyberthreats in 2016

23
Feb
2017
Financial cyberthreats in 2016

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In 2016 we continued our in-depth research into the financial cyberthreat landscape. We’ve noticed over the last few years that large financial cybercriminal groups have started to concentrate their efforts on targeting large organizations – such as banks, payment processing systems, retailers, hotels and other businesses where POS terminals are widely used.

For example, the financial cybercrime group Carbanak and its followers, the so-called SWIFT hackers, have been able to steal millions of dollars from its roster of victims, which has included banks and other financial institutions.

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