90 percent of financial institutions targeted by ransomware in the last year

Robbing a bank used to involve a mask, a gun and a fast car, but these days it's more likely to be done via the safer and no less lucrative means of a cyberattack. 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… [Continue Reading]