Abnormal Security has released a new report revealing a significant spike in email compromise attacks against the financial services sector and how to defend financial services organizations against sophisticated email-based attacks.
Abnormal Security’s findings reveal that Vendor Email Compromise (VEC) attacks against financial services increased by 137% in 2023. The new research also demonstrates that the financial services industry experienced a 71% increase in Business Email Compromise (BEC) attacks.
According to Abnormal data, the financial services industry receives approximately 200 advanced attacks per 1,000 mailboxes weekly—making it one of the most attacked industries tracked. Peaks in attacks occurred in January, with 258 weekly, in September, with 282, and in mid-December, with 272.
You can read the report here.
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This entry was posted on January 17, 2024 at 9:01 am and is filed under Commentary with tags Abnormal Security. You can follow any responses to this entry through the RSS 2.0 feed.
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137% Increase in Vendor Email Compromise Attacks Against Financial Services Industry Says Abnormal Security
Abnormal Security has released a new report revealing a significant spike in email compromise attacks against the financial services sector and how to defend financial services organizations against sophisticated email-based attacks.
Abnormal Security’s findings reveal that Vendor Email Compromise (VEC) attacks against financial services increased by 137% in 2023. The new research also demonstrates that the financial services industry experienced a 71% increase in Business Email Compromise (BEC) attacks.
According to Abnormal data, the financial services industry receives approximately 200 advanced attacks per 1,000 mailboxes weekly—making it one of the most attacked industries tracked. Peaks in attacks occurred in January, with 258 weekly, in September, with 282, and in mid-December, with 272.
You can read the report here.
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This entry was posted on January 17, 2024 at 9:01 am and is filed under Commentary with tags Abnormal Security. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.