Cyber crimes in regards to online banking have grown tremendously. With methods of attack becoming more sophisticated as time passes, phishing and malware-based attacks have become prominent in online banking due to the increased use by consumers. McAfee has reported that in Q2 2013, the U.S. is the most targeted in regards to phishing attacks. Kaspersky has reported that 37% of all banks were affected by a phishing attack at least once over a 12 month time period. Read the entire article to find out why prevention may be better than a cure when it comes to the consumer use of online banking.
Is Prevention Better Than A Cure?
Posted in ECI In the News