OnDemand Webinar | Mitigating Social Attacks on Financial Institutions
In the last several years, Financial Services organisations have undergone rapid digital transformation. They rely on social media and digital platforms to generate brand awareness, provide online banking and other financial services, and to offer support and services to customers. This has created new avenues and means for attackers who also recognize the opportunities provided by these platforms. The cost of social media financial scams exceeds $420 million annually for the top 25 banks alone. Globally, social media phishing attacks cost over $1.2 billion in losses per year and is growing.
The threats facing financial institutions are not new: from data breaches and information leakage, spearphishing and customer scams, to financial fraud, bad actors are set on stealing your revenue, damaging your brand, and weakening your customer trust. But as we expand avenues for engagement, the attack surfaces have changed. Bad actors now rely on social media to impersonate your brand and top executives in order to gain access to your information and customers. Cyberattackers use dark web forums to plan attacks and share vulnerabilities. Early warning and visibility into the networks that these actors use to conduct attacks is critical.
In this webinar, ZeroFOX's Chief Security Officer, Dr. Sam Small, will be joined by another financial services expert to discuss the top digital threats facing their organisations, tactics they've seen used most often on social and digital platforms to target their customers, employees and brand, and steps organisations can take to protect themselves against these risks. Sam will present the latest ZeroFOX Threat Research on the top digital threats the ZeroFOX Alpha Team has identified within the financial services industry.
Watch this webinar to:
- Understand the modern digital threat landscape and where bad actors live, such as deep and dark web forums, code sharing sites and social media sites
- Gain knowledge of the top digital risks facing the financial industry and the tactics bad actors use to conduct attacks on your organisation and customers
- Hear directly from financial services experts on the top digital threats facing financial organisations and how to effectively and proactively address them