Digital Threat Report 2024 for the BFSI(Banking,FinancialServices,and Insurance) sector:
Published on: April 10, 2025
- Surge in Sophisticated Cyber Attacks: Social engineering tactics like Business Email Compromise (BEC) and phishing are becoming more targeted and effective, bypassing traditional security systems.
- Third-Party & Supply Chain Risks: Breaches via vendors and open-source software are increasing, emphasizing the urgent need for stronger vendor risk management strategies.
- AI-Driven Threat Landscape: Cyber attackers are increasingly using AI technologies to launch personalized, large-scale attacks, highlighting the dual-edged role of AI in both cybersecurity and cyber threats.
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