CyberNews Briefs

Cyber Attacks Biggest Threat to Financial Sector

A new Wandera report looks at the mobile threats targeting financial services firms. It shows that phishing accounts for the majority (57%) of attacks, which is significantly higher than the average across other industries (42%).

Man-in-the-middle attacks are also more common in the financial services sector (36%) than in other industries (24%). The researchers believe this might be connected to higher usage of public Wifi in this industry and the fact that people in financial services travel more. The report also found that one in every twenty people in this sector puts themselves at risk by disabling their lock screen.

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