Wednesday 27 January 2021, 11am-12noon (GMT)
Our increasing reliance on online payments has helped to fuel the development of cybercrime. Customers of online banking systems have long been a target of cybercriminals and represent the ‘low-hanging fruit’ that criminals seek to ‘pick’ using banking Trojans, as well as other techniques designed to trick end users.
These consumer-facing fraudulent threats have continued to evolve and adapt alongside the global pandemic. However, in recent years, attackers have sought to extend their reach in the financial world, targeting financial organisations directly. This includes attacks affecting ATMs, the outlying infrastructure of banks. It also involves campaigns that have led to the compromise of bank systems and their misuse to steal money.
This presentation offers an overview of the methods used to undermine financial transactions to make money illegally, from the targeting of bank customers by the opportunist thieves of the online world, to sophisticated targeted attacks on financial institutions.
Martin Smith MBE (info), Chairman & Founder, The SASIG