Cyber-Threats and Financial Institutions: Assume all networks are infected...Is this the new normal?
Financial Institutions, an already highly targeted industry by cyber criminals, should only expect the number and sophistication of malicious attacks to grow. The adoption of Internet-based commerce systems, while convenient for customers and nancially benecial for some institutions, provides criminals with more opportunities to steal both money and information. Cyberthieves continue to introduce highly sophisticated malware strains to take advantage of vulnerabilities. Bank customers infected with the strains --which frequently go undetected by anti-virus soware – expose nancial institutions to computer network contamination. As a result, the recent consensus among banks has been to assume that all customer PCs are infected.