Cybercrime , Fraud Management & Cybercrime
Evolving Cyberattacks Against Banks
Brian Hussey of Trustwave on How This Financial Fraud Works, and How to Mitigate the Threat
A new kind of cyberattack that targeted financial institutions in Europe and Russia to steal nearly $100 million illustrates how threats are evolving, says Brian Hussey of Trustwave.
See Also: Ransomware Demystified: What Security Analysts Need to Know
In a video interview at Information Security Media Group's recent Chicago Fraud and Breach Prevention Summit, Hussey discusses:
- How this form of financial fraud works;
- Why the approach was successful and persists;
- What mitigation steps could help thwart this threat.
Hussey is vice president of cyber threat detection and response at Trustwave.
