Hackers Go Where the Money Is; Financial Services Top Target for Attacks, Again

Responses Related to Wire Fraud, Phishing and Spear-Phishing Attacks, According to Report by NTT Group

BLOOMFIELD, Conn.--()--Out of more than six billion analyzed attacks in 2014, finance represents the No. 1 targeted sector of malicious cyber attacks, according to new report from NTT Group. NTT Group’s Global Threat Intelligence Report reveals the evolving threat landscape and the quantifiable shifts since last year.

Some key findings include:

  • Finance continues to represent the No. 1 targeted sector with 18 percent of all detected attacks. The long-term trend of targeted attacks against the finance sector continues; most incident response engagements supporting the finance sector were directly related to wire fraud, phishing and spear-phishing attacks.
  • Most payloads in exploit kit attacks are banking Trojans, ransomware or botnet applications.
  • Hacktivist group likely targeting U.S. banks with a Distributed Denial of Service attack using botnets in Java vulnerability. Based on infection profiles, banks can expect the attacks to originate from Asian source IP addresses.

“Banks continue to be attractive targets for cyber criminals. Financial institutions need to protect their assets – and their customers’ – through practical fundamentals including mature patch management processes, incident response procedures, endpoint protection controls, and proper training to detect phishing attacks or malware. Attacks don’t need to be advanced to succeed in the financial sector,” stated Chris Camejo, director of assessment services for NTT Com Security US.

Methodology

Key findings in the 2015 Global Threat Intelligence Report are a result of the analysis of approximately six billion worldwide, verified attacks over the course of 2014. The data for this report was collected from sixteen Security Operations Centers (SOC) and seven R&D centers.

About NTT Com Security

NTT Com Security is a global information security and risk management organization, which delivers a portfolio of managed security, business infrastructure, consulting and technology integration services through its WideAngle brand. NTT Com Security helps organizations lower their IT costs and increase the depth of IT security protection, risk management, compliance and service availability. NTT Com Security AG, is headquartered in Ismaning, Germany and part of the NTT Communications Group, owned by NTT (Nippon Telegraph and Telephone Corporation), one of the largest telecommunications companies in the world. For more information, visit http://www.nttcomsecurity.com.

Contacts

104 West for NTT Com Security US
Sarah Thorson, 720-407-6078
sarah.thorson@104west.com

Contacts

104 West for NTT Com Security US
Sarah Thorson, 720-407-6078
sarah.thorson@104west.com