Wednesday, August 5, 2020

Combat mobile phishing attacks targeting Financial Services with AI

Phishing attacks are a common attack vector for financial services organizations. Effective and simple to launch, phishing attacks challenge financial firms to protect their mobile workforce and harden their customer-facing apps.
Mobile phishing, in particular, bypasses traditional perimeter defenses such as secure email gateways by targeting users via personal email, SMS and social messaging apps. These attacks typically seek to exploit human trust by using social context within messages on social networks.
For example, the natural instinct for safety and survival would lead most anyone to click on a message about a friend or loved one who has been affected by COVID-19. With access to an app, an attacker could check balances, transfer money, and siphon away all the funds in an account….then disappear. Once a cyberattacker infects an employee’s mobile device, they can use it and the user’s credentials to access a corporate network…

Mike Banic Posted by:

Mike Banic

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The post Combat mobile phishing attacks targeting Financial Services with AI appeared first on Cybersecurity Insiders.


August 05, 2020 at 09:10PM

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