White Papers

The State Of Financial Phishing

Aug 2019

Cyber criminals continue to use phishing to lure bank customers and steal personal and financial information. Where and how have phishers attacked in 2019?

Phishing attacks always start with a scheme to trick consumers into thinking they are doing business with a company or organization that they already trust. Hackers create websites that impersonate financial institutions and then steal sensitive information such as credit card and banking data that consumers openly share.

Phishing attacks are extremely costly for consumers and banks – both monetarily and reputationally. A phishing attack greatly damages trust and brand reputations.