Report: cybercrime most heavily on financial firms




A new report showed that cyber crime is considered the second most common types of fraud for financial firms, and by more than twice the level is common for other industries.

The report attributed to the fact that cybercriminals turning to technology is increasing as the only weapon against the banks, the financial assets they have.

He said about 39 percent of financial services companies who have suffered over the past year of economic crimes, they were also a victim of cyber criminals, compared to 17 percent in other industries, according to the report.

According to the report conducted by the consulting firm “PWC” PwC, has received banks in Europe and the United States of recommendations by the organizers to increase the defensive measures of their own against cyber attacks, and that has grown a lot and become more serious with the development of the means they use the cybercriminals and hackers.

Hundreds of bankers have participated last year simulated electronic attacks in New York City and the American British capital, London, in order to test their flexibility in responding to such threats.

The company said “PWC” The report does not give the right to cyber attacks, since experience has shown that the vast majority of financial companies have suffered from cyber crimes last year.

For his part, said, “Andrew Clark” working with “PWC”, said that cyber crime is growing, as well as the methods are constantly evolving, “I do not see a decrease in the number of attacks against the infrastructure of the banks.”

Last year, 2013, was approximately 45 percent of financial companies a victim of fraud, according to the report showed private year 2014 about economic crimes at the global level, and conducted by the company, “PWC”, which was based on the responses of 1,330 companies in 79 countries.

The report also showed that the theft was responsible for the largest share of economic crimes, followed by cyber crime, money laundering and fraud, and then bribery and corruption.

Crooks and stands behind most of the external economic crimes, according to the report, which finds that most frauds Artketb by internal staff new or mid-level managers.
Related Topics:

Banks, financial


In: Technology & Gadgets Asked By: [15446 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »