Banks and other financial institutions are prime targets for cybercrime — because that’s where the money is. In fact, recent statistics show that financial service firms were hit 300 more times than other businesses. Each of these cyberattacks typically costs financial service firms millions of dollars.
Topics: cybersecurity, Community Banking
The security threat landscape continues to evolve as more companies transition from self-hosted e-mail and collaboration services to cloud-hosted services, such as Microsoft’s M365. Due to its relatively low risk and high reward potential, malicious actors have shifted their focus to compromising users of cloud services.
Topics: MFA, Conditional Access, M365, Multi-Factor Authentication, Microsoft, Microsoft 365, cybersecurity