Post by account_disabled on Dec 11, 2023 2:28:08 GMT -6
The security of IT systems in the banking sector is therefore of great importance. In this article we will look at the main aspects of system security in banking and the measures that banks take to protect their systems against threats. Hacker attacks The main threats to the security of banking systems include hacker attacks which are diverse and evolve with the development of technology and cybercriminals' methods. Phishing. An attack that involves impersonating a trusted source to obtain confidential information such as passwords bank account numbers or credit card details. Criminals send fake emails or SMS messages that appear to be authentic encouraging recipients to click on an infected link or provide their details.
Malware such as viruses Trojans and ransomware can be used to remotely control computers steal financial data spy on users or in the case of ransomware block access to systems in exchange for a ransom. DDoS distributed denial of service attacks. DDoS attacks involve Email Marketing List overwhelming banking systems with a large number of queries which leads to them being overloaded and unavailable to users. The goal may be to disrupt system operation or distract attention from another attack. Attacks on payment systems. Criminals may attempt to take control of payment systems to manipulate transactions or steal funds. These may include attacks on payment terminals payment card systems or online payment platforms Code injection.
Code injection attacks are methods in which criminals inject malicious code or commands into applications or systems to gain access or steal data. Attacks using social engineering Criminals may try to take advantage of people's naivety or lack of security awareness by using psychological manipulation to obtain confidential information for example through fraudulent phone calls or social media contacts. Internal attacks Bank employees may pose a potential threat especially if they have access to sensitive data. Insider attacks can include financial information theft data manipulation or confidentiality breaches.
Malware such as viruses Trojans and ransomware can be used to remotely control computers steal financial data spy on users or in the case of ransomware block access to systems in exchange for a ransom. DDoS distributed denial of service attacks. DDoS attacks involve Email Marketing List overwhelming banking systems with a large number of queries which leads to them being overloaded and unavailable to users. The goal may be to disrupt system operation or distract attention from another attack. Attacks on payment systems. Criminals may attempt to take control of payment systems to manipulate transactions or steal funds. These may include attacks on payment terminals payment card systems or online payment platforms Code injection.
Code injection attacks are methods in which criminals inject malicious code or commands into applications or systems to gain access or steal data. Attacks using social engineering Criminals may try to take advantage of people's naivety or lack of security awareness by using psychological manipulation to obtain confidential information for example through fraudulent phone calls or social media contacts. Internal attacks Bank employees may pose a potential threat especially if they have access to sensitive data. Insider attacks can include financial information theft data manipulation or confidentiality breaches.