trending
Modern Bank Heists 4.0This marks the fourth edition of the Modern Bank Heists report, which annually takes the pulse of some of the financial industry’s top CISOs and security leaders. Thank you, again, for reading along, and thank you to the 126 security leaders who participated in this year’s study. 48 percent of the financial institutions (FIs) are headquartered in North America, 28 percent are in Europe, 16 percent are in Asia and the Middle East, and 8 percent are based in Latin America.
We hope this report serves to provide a ground truth on the evolution of cybercriminal cartels and the defensive shift of the financial sector. In this year’s report, CISOs revealed what they’re seeing with attack prevalence and evolution. Our questions tackled topics including suspicious activity, counter incident response, island hopping, and integrity attacks. As evidenced by the findings, the bank heist has evolved significantly—from a heist to a hostage situation for financial institutions.
