Whaling Attacks on the Finance Industry? Yes You Are Reading Right.
Whaling attacks also known as CEO frauds, are washing over the finance industry, causing severe and seemingly insurmountable damage. Experts estimate that the finance industry suffered a $12 billion loss over the past few years, making it a vertical that’s attacked 300 times more than others. In some cases, financial organizations stated that whaling fraud […]
Follow the Money: Financial Services Are A Target for Phishing Scams
Scammers are focused on monetary gain, which leads to phishing attacks targeting companies that provide financial services. A few months ago, mobile phishing campaigns targeted customers of a long line of banks, including HSBC, CIBC, Chase, and Scotiabank. Lloyds Bank customers were also the target of a recent email and SMS phishing attack. In addition […]