financial industry

ChatGPT joins the most impersonated brands in phishing attacks

ChatGPT joins the most impersonated brands in phishing attacks 2026-07-27 at 14:08 By Anamarija Pogorelec Microsoft continued to be the most impersonated brand in Q2 2026, accounting for 23% of all brand phishing attempts. LinkedIn, Google, Apple, and Amazon followed, with the five brands together making up more than half of all brand phishing attempts […]

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Reading between the lines of a cyber insurance policy

Reading between the lines of a cyber insurance policy 2026-07-16 at 09:00 By Mirko Zorz Enterprises in regulated industries often carry cyber insurance policies because contracts require it or boards ask for documented risk transfer. The global market for these policies reached about $16 billion in premiums in 2024. Coverage has become widespread. Payouts have

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Finance phishing works because it sounds boringly normal

Finance phishing works because it sounds boringly normal 2026-07-16 at 06:53 By Anamarija Pogorelec Finance departments process a constant stream of invoices, contracts, payment notices, and procurement emails, making email one of the most common initial access vectors for threat actors. According to Cofense, attackers exploit those workflows with phishing emails that resemble legitimate business

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Only 28% of financial workforce MFA is phishing-resistant

Only 28% of financial workforce MFA is phishing-resistant 2026-07-10 at 08:41 By Anamarija Pogorelec Passwords remain part of many workforce authentication flows in financial organizations, making phishing and credential theft major identity security risks, according to a new Secret Double Octopus report. Key challenges preventing universal implementation of phishing-resistant MFA (Source: Secret Double Octopus) Workforce

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Financial groups lay out a plan to fight AI identity attacks

Financial groups lay out a plan to fight AI identity attacks 2026-04-01 at 10:34 By Mirko Zorz Generative AI tools have brought the cost of deepfake production low enough that criminals and state-sponsored actors now use them routinely against financial institutions. A joint paper from the American Bankers Association, the Better Identity Coalition, and the

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Attackers are exploiting RCE vulnerability in BIG-IP APM systems (CVE-2025-53521)

Attackers are exploiting RCE vulnerability in BIG-IP APM systems (CVE-2025-53521) 2026-03-28 at 11:30 By Zeljka Zorz A critical unauthenticated remote code execution vulnerability (CVE-2025-53521) in F5’s BIG-IP Access Policy Manager (APM) solution is under active exploitation, the US Cybersecurity and Infrastructure Security Agency warned on Friday. CISA added the flaw to its Known Exploited Vulnerabilities

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How state-sponsored attackers hijacked Notepad++ updates

How state-sponsored attackers hijacked Notepad++ updates 2026-02-02 at 15:38 By Zeljka Zorz Suspected Chinese state-sponsored attackers hijacked the Notepad++ update mechanism by compromising the software project’s shared hosting server and intercepting and redirecting update traffic destined for notepad-plus-plus.org, the software’s maintainer Don Ho confirmed on Monday. The attack timeline In early December 2025, security researcher

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A new framework helps banks sort urgent post-quantum crypto work from the rest

A new framework helps banks sort urgent post-quantum crypto work from the rest 2026-01-22 at 04:57 By Sinisa Markovic Financial institutions now have a concrete method for deciding where post-quantum cryptography belongs on their security roadmaps. New research coordinated by Europol sets out a scoring framework that helps banks rank systems and business use cases

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Banks built rules for yesterday’s crime and RegTech is trying to fix that

Banks built rules for yesterday’s crime and RegTech is trying to fix that 2025-12-17 at 08:32 By Sinisa Markovic Criminals are moving money across borders faster, and financial institutions are feeling the squeeze. Compliance teams feel this strain every day as they try to keep up with schemes that shift through accounts, intermediaries, and digital

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Criminal networks industrialize payment fraud operations

Criminal networks industrialize payment fraud operations 2025-11-27 at 07:55 By Anamarija Pogorelec Fraud operations are expanding faster than payment defenses can adjust. Criminal groups function like coordinated businesses that develop tools, automate tasks, and scale attacks. New data from a Visa report shows how these shifts are reshaping risk across the financial sector. Fraud now

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When every day is threat assessment day

When every day is threat assessment day 2025-11-12 at 09:00 By Mirko Zorz In this Help Net Security interview, Paul J. Mocarski, VP & CISO at Sammons Financial Group, discusses how insurance carriers are adapting their cybersecurity strategies. He explains how ongoing threat assessments, AI-driven automation, and third-party risk management help maintain readiness. Mocarski also

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Hidden risks in the financial sector’s supply chain

Hidden risks in the financial sector’s supply chain 2025-11-11 at 10:29 By Anamarija Pogorelec When a cyber attack hits a major bank or trading platform, attention usually turns to the institution. But new research suggests the real danger may lie elsewhere. BitSight researchers found that many of the technology providers serving the financial sector have

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Financial services can’t shake security debt

Financial services can’t shake security debt 2025-11-04 at 07:30 By Anamarija Pogorelec In financial services, application security risk is becoming a long game. Fewer flaws appear in new code, but old ones linger longer, creating a kind of software “interest” that keeps growing, according to Veracode’s 2025 State of Software Security report. Researchers analyzed data

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Securing real-time payments without slowing them down

Securing real-time payments without slowing them down 2025-11-03 at 08:00 By Mirko Zorz In this Help Net Security interview, Arun Singh, CISO at Tyro, discusses what it takes to secure real-time payments without slowing them down. He explains how analytics, authentication, and better industry cooperation can help stay ahead of fraud. Singh also touches on

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You can’t audit how AI thinks, but you can audit what it does

You can’t audit how AI thinks, but you can audit what it does 2025-10-31 at 08:30 By Mirko Zorz In this Help Net Security interview, Wade Bicknell, Head, IT Security & Operations, CFA Institute, discusses how CISOs can use AI while maintaining security and governance. He explains why AI presents both defensive opportunities and emerging

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Early reporting helps credit unions stop fraudulent transfers faster

Early reporting helps credit unions stop fraudulent transfers faster 2025-10-29 at 08:48 By Mirko Zorz In this Help Net Security interview, Carl Scaffidi, CISO at VyStar Credit Union, discusses how credit unions are adapting to an evolving fraud landscape and strengthening payment security. As cybercriminals leverage social engineering and AI-driven tactics, Scaffidi explains how innovation

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Behind the screens: Building security customers appreciate

Behind the screens: Building security customers appreciate 2025-10-09 at 08:03 By Mirko Zorz In this Help Net Security interview, Jess Vachon, CISO at PRA Group, discusses the company’s multi-layered defense against fraud and its commitment to protecting customer trust. Vachon explains how PRA Group balances identity verification with a seamless customer experience. Vachon also reflects

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North Korea’s IT workers are targeting firms beyond tech, crypto, and the U.S.

North Korea’s IT workers are targeting firms beyond tech, crypto, and the U.S. 2025-10-01 at 17:24 By Zeljka Zorz North Korea’s clandestine IT Worker (ITW) program, which is long known for targeting U.S. technology firms and crypto firms, has broadened its scope to attempt to infiltrate a variety of industries worldwide, including finance, healthcare, public

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Boards are being told to rethink their role in cybersecurity

Boards are being told to rethink their role in cybersecurity 2025-09-01 at 08:03 By Sinisa Markovic Boards of directors are being told that cybersecurity is now central to business resilience and growth, and that they must engage more directly in the way their organizations manage risk. A new report from Google Cloud’s Office of the

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