New Report From BforeAI Highlights Growing Threat On US Banking Industry

Today, BforeAI released the firm’s latest report, “Financial Domain Spoofing Trends of 2024, ” highlighting the growing concern on targeted spoofing and impersonation attacks using high-profile financial organization’s brands, such as BVA, HSBC, and PayPal, as a vector for malicious activity. 

The US banking industry has seen a significant uptick in cyberattacks, particularly in phishing and spoofing. The industry is becoming more of a persistent threat and phishing tactics are becoming increasingly advanced due to AI.

Researchers at BforeAI analyzed 62,074 domains with finance-related keywords. 62% of those observed domains were involved in phishing attacks targeting legitimate institutions through spoofing websites. 

You can read the full report here: https://bfore.ai/financial-domain-spoofing-trends-of-2024/

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