A report published Monday by cloud services and CDN (content delivery network) platform Akamai said that the financial services industry is an increasingly popular target for a wide range of cyberattacks, with application and API attacks against the vertical more than tripling in the past year.
APIs are a core part of how financial services firms are changing their operations in the modern era, Akamai said, given the growing desire for more and more app-based services among the consumer base. The pandemic merely accelerated a growing trend toward remote banking services, which led to a corresponding growth in the use of APIs.
To read this article in full, please click here
More Stories
Crooks Bypassed Google’s Email Verification to Create Workspace Accounts, Access 3rd-Party Services
Google says it recently fixed an authentication weakness that allowed crooks to circumvent the email verification required to create a Google...
Friday Squid Blogging: Sunscreen from Squid Pigments
They’re better for the environment. Blog moderation policy. Read More
Compromising the Secure Boot Process
This isn’t good: On Thursday, researchers from security firm Binarly revealed that Secure Boot is completely compromised on more than...
Synnovis Restores Systems After Cyber-Attack, But Blood Shortages Remain
Synnovis has rebuilt “substantial parts” of its systems following the Qilin ransomware attack on June 3, enabling the restoration of...
Hacktivists Claim Leak of CrowdStrike Threat Intelligence
CrowdStrike has acknowledged the claims by the USDoD hacktivist group, which has provided a link to download the alleged threat...
CrowdStrike Falcon Outage Exploited for Social Engineering
Cyber threat actors are exploiting the CrowdStrike Falcon outage to conduct social engineering attacks. Here's what the CIS CTI team...