Financial Sector Safety and Soundness  

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2019 has ushered in a historic crime wave in finance. Financial institutions are facing an evolving threat landscape. Fileless attacks and modular malware have been deployed widely across the financial sector supply chain. These attack vectors easily bypass traditional AV. This is compounded by the 160 percent increase of destructive attacks since 2018. The Bank heist has escalated to a hostage situation. The financial sector has long been the target of some of the world’s greatest guilds of thieves however now nations states are targeting the sector to offset economic sanctions as evidenced by the North Korean and Russian indictments. The defense in depth architectures are failing due to the advent of SaaS, mobile banking and the migration to the cloud.

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