90% of Financial Institutions Targeted By Ransomware in the Last Year

Posted on Tuesday May 22, 2018

An anonymous reader shares a report: A new report from cloud security specialist Carbon Black, based on responses from CISOs at 40 major financial institutions -- including six of the top 10 global banks -- seeks to better understand the attack landscape. Among the findings are that 90 percent of financial institutions report being the subject of a ransomware attack in 2017. In addition one in 10 respondents report encountering destructive attacks unrelated to ransomware, such as application attacks and fileless malware. These potentially enable cybercriminals to move freely and laterally within an organization's network and often go completely overlooked until it's too late.