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Technology giant Microsoft and multinational banking firm American Express are the most spoofed companies in phishing emails targeting financial services. That’s according to the 2023 Financial Services Sector Threat Landscape report by Trustwave SpiderLabs, which examines a multitude of threats faced by the financial services industry. The report cited phishing and email-borne malware as the most exploited methods for gaining an initial foothold into organizations, with Trustwave SpiderLabs observing “interesting developments” in the delivery methods, techniques, themes, and targeted brands of attacks on financial services in the last year. Such developments have contributed to the continuing relevance and effectiveness of these types of attacks, according to the report.
