COVID-19 blamed for 238% surge in cyberattacks against banks

VMware Carbon Black released the third edition of the Modern Bank Heists report, which says that financial organizations experienced a massive uptick in cyberattack attempts between February and April this year — the same months in which COVID-19 began to spread rapidly across the globe.  The cybersecurity firm’s research, which includes input from 25 CIOS at major financial institutions, adds that 80% of firms surveyed have experienced more cyberattacks over the past 12 months, an increase of 13% year-over-year.

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