DevOps Articles

Why is the Finance Sector a Target for Cyber Attacks? | UpGuard

Finance businesses handle and manage large amounts of financial data, making them prime targets for cybercriminals. Moreover, the compromise of sensitive financial information can be a significant problem for individuals and corporations alike, exposing them to https://www.upguard.com/blog/social-engineering and further cyber attacks, This post looks at the motivations for attacking the financial sector, who might perform these cyber attacks and the best practices financial businesses can implement to mitigate and remediate https://www.upguard.com/blog/cyber-threat. https://www.upguard.com/product/breachsight>Why Do Cybercriminals Target the Financial Sector? Monetary gain is one of the biggest reasons the financial sector is often targeted, as is with most cyber attacks throughout all sectors.

With more people accessing their financial information online, hackers and other cybercriminals have had more people and businesses to target.