The increasing use of cloud-based business solutions and the networking of data, objects and systems through complex IT infrastructures and business processes are opening up enormous opportunities for the financial sector. Information assets are increasingly becoming the basis for value creation and are a key component in achieving corporate goals.
At the same time, however, this technical change also harbours risks and offers cyber criminals new targets. As the potential for the financial sector grows, so do the opportunities for hackers: they are professionalising their tactics by developing tools and an increasing number of potential attack vectors. This is why targeted phishing attacks lead to higher success rates for attackers and greater losses for victims.
