Evolving Cyberattacks Against Banks

Evolving Cyberattacks Against Banks
A new kind of cyberattack that targeted financial institutions in Europe and Russia to steal nearly $100 million illustrates how threats are evolving, says Brian Hussey of Trustwave.<br />In a video interview at Information Security Media Group's recent Chicago Fraud and Breach Prevention Summit, Hussey discusses:<br />How this form of financial fraud...

A new kind of cyberattack that targeted financial institutions in Europe and Russia to steal nearly $100 million illustrates how threats are evolving, says Brian Hussey of Trustwave.

In a video interview at Information Security Media Group's recent Chicago Fraud and Breach Prevention Summit, Hussey discusses:

  • How this form of financial fraud works;
  • Why the approach was successful and persists;
  • What mitigation steps could help thwart this threat.

Hussey is vice president of cyber threat detection and response at Trustwave.

Source: www.databreachtoday.com