While hackers target all financiers, local and community banks are becoming more frequent marks…and email attacks are a weapon of choice. The truth is cyber bank theft is a daily occurrence, and the rate of breaches at financial services institutions (FSIs) has tripled in the past five years. According to a recent study by Accenture, a bank encounters about 85 cyber attacks each year.
At least 1/3 of them are successful.
Head to the Highside blog to hear more about how these cyber attacks happen and what you can do for your financial institution to prevent it.