Solutions by Industry

Finance

Some statistics:

  • Finance is among the most affected sectors, the most popular attacks in 2024 are Ransomware and DDos.
  • At the EU level, Italy has attracted 8% of the attacks, ranking behind only the United Kingdom, Germany, and Portugal.
  • 81% of financial firms have suffered data encryption due to a ransomware attack.
  • Phishing has seen a steady increase, with an average of 3.6 new active phishing pages every day in 2023.

Keeping up with financial cybercrime is challenging as it continues to evolve, dominated by well-structured and organized international groups. Financial fraud often involves the theft of access credentials for banking or payment systems. Instead of directly attacking financial institutions, the preference is to target their customers through various vectors: phishing, malware, user manipulation, mobile device hacking, or direct infrastructure attacks (less common). Cyberattacks can lead to severe financial losses, reputational damage, and a breach of customer trust.

How Muscope|Risk can help: