The Financial Services Information Sharing and Analysis Center (FS-ISAC) has warned that financial services firms, and in particular smaller ones, are being attacked at an increased rate during the coronavirus pandemic.

According to FS-ISAC, phishing attacks against financial services firms increased by one-third in the first quarter of 2020. In that time period, FS-ISAC identified

Long gone are the days when a financial institution’s primary security concern was protecting cash in the bank vault, the Federal Deposit Insurance Corporation (FDIC) acknowledges in its recent article, “A Framework for Cybersecurity,” released February 1, 2016. Instead, the framework asserts that cyber-attacks now represent “one of the most critical challenges facing