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Hackers Follow the Money

It should come as absolutely no surprise that financial services firms are the favorite targets of industry-specific attempts to breach data security. Why? Simple: that’s where the money is.

In fact, the IBM X-Force Threat Intelligence Index has found that financial services companies endure 65% more attacks than average, and that these attacks increased 29% from 2015 to 2016. More than half can be traced back to insiders who accidentally compromised company systems, most often through a phishing attack that made it easy for hackers to introduce malware allowing them to steal usernames and passwords, withdraw money, create fraudulent credit and debit cards, and more.

Don’t let hackers pick your pockets (or those of your clients). Protect against the most common risk by asking Xantrion about our phishing education programs.