The finance sector is a frequent target for phishing, data breaches, and APTs, with cybercriminals aiming to steal financial data and disrupt operations, exemplified by the 2016 Bangladesh Bank heist which resulted in an $81 million theft.
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The finance sector, encompassing banks, credit unions, investment firms, and insurance companies, has long been a prime target for cybercriminals. This comprehensive report delves into the critical cybersecurity use cases within the financial landscape, providing indepth analysis and statistics to illustrate the urgent need for robust security measures.