From: Banking Technology
A recent bout of high profile cyber-attacks on financial institutions across the UK, US and Canada has put the spotlight back on the importance of data security and the need to be diligent when it comes to cybersecurity within the banking industry, writes Alex Raistrick.
Over the last few weeks GOZeuS and Cryptolocker malware has enabled cyber criminals to attack banks and steal hundreds of millions of pounds by accessing bank login credentials. This has been just one of many attacks in the on-going battle between banking systems and the Cryptolocker malware family.
The UK National Crime Agency even issued a warning about GoZeuS and Cryptolocker malware and a similar alert was raised in the US by the US-Cert. It may now only be a matter of time before these attacks start targeting banking institutions across Europe.
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