Read the original article: Bank On It
As published in the March/April 2020 edition of InfoSecurity Professional Magazine By Shaun Aghili, DBA, CISSP-ISSMP, CCSP, CISA and Bobby Swar, Ph.D. In May 2018, two major banks in Canada—Bank of Montreal and Canadian Imperial Bank of Commerce—received email threats from malicious hackers claiming to have gained access to customers’ sensitive information. The attackers demanded $1 million in cryptocurrency from each bank or they would publicly release customers’ information. The successful attacks on these banks led to 90,000 customers’ account information being compromised and an undisclosed amount of money lost as the result of the security breaches. In recent years,…
Read the original article: Bank On It