Ransomware and supply chain attacks, as well as a resurgence of banking trojans and distributed denial of service attacks, are the top cybersecurity threats to financial institutions across the Asia Pacific region, according to new research from global cyber intelligence sharing community FS-ISAC.
The research has shown 2021 has seen a steady rise in cross-border cyber attacks perpetrated by increasingly sophisticated threat actors.
Based on FS-ISAC member intelligence sharing, open-source intelligence, and insights from local financial firms and other sources, the Financial Services Information Sharing and Analysis Center’s 2021 Cyber Trends and Threats Review sheds light on current strategic trends in financial services and cybersecurity and offers critical insights into the most salient cyber threats facing the APAC financial services industry today.
“As digitalisation of financial services across the Asia Pacific region takes place at record speed, firms should be aware of the accompanying pitfalls and take steps to mitigate them,” says Christophe Barel, managing director for APAC, FS-ISAC.
“In particular, as the region’s digital shift takes place amid…
