This dataset contains information on various cybersecurity threats targeting financial institutions and individuals. Each entry describes a specific type of threat, its potential impact, and recommended measures for prevention, as well as current trends observed in the security landscape.
| Threat Type | Description | Impact Level | Target | Prevention Measures | Current Trends |
|---|---|---|---|---|---|
| Phishing Attack | Fraudulent attempts to obtain sensitive information via deceptive emails. | High | Individuals and financial institutions | Employee training, email filters, anti-phishing software | Increased use of social engineering tactics. |
| Ransomware | Malicious software that encrypts files, demanding payment for decryption. | Critical | Banks, investment firms | Regular backups, incident response plan, employee training | Ransomware-as-a-Service models emerging. |
| Data Breach | Unauthorized access to confidential financial data. | High | Financial institutions, customers | Data encryption, access controls, regular security audits | Growing incidents due to weak passwords. |
| Insider Threats | Malicious or negligent actions taken by employees or contractors. | High | Financial institutions | Monitoring insider activities, access restrictions, exit interviews | Increased due to remote work policies. |
| Man-in-the-Middle Attack | Interception and alteration of communication between two parties. | High | Online banking users | Use of HTTPS, VPNs, public key infrastructure (PKI) | Targeting unencrypted networks. |
| Distributed Denial of Service (DDoS) | Overwhelming a server with traffic to render it inoperable. | Moderate to High | Banking and financial services websites | Traffic filtering, redundancy, rate limiting | Use of botnets for attacks. |
| Card Skimming | Devices placed on ATMs or point-of-sale terminals to capture card details. | High | Consumers using ATMs and point-of-sale terminals | Regular device inspections, anti-skimming technology | Increasing sophistication of skimming devices. |
| Social Engineering | Psychological manipulation to trick users into divulging confidential info. | High | Individuals, employees | Business Partners | Awareness training, verification processes | Rising use in targeted attacks. |
| Malware | Various software designed to disrupt, damage, or gain unauthorized access. | High | All financial entities | Antivirus software, network firewalls, employee education | Emergence of polymorphic malware. |
| Spyware | Software that secretly monitors user activity and collects information. | Moderate to High | Consumers and financial institutions | Regular device scans, software updates, user education | Use of spyware in phishing attacks. |
| Cryptojacking | Unauthorized use of someone else's computer to mine cryptocurrency. | Moderate | Cloud services, financial servers | Malware detection, system monitoring, regular audits | Increased theft for cryptocurrency mining. |
| Online Account Hijacking | Unauthorized access to online accounts to commit fraud. | High | Individuals and businesses | Two-factor authentication, strong password policies | Increased through credential stuffing attacks. |
| Supply Chain Attacks | Compromising a service provider's or partner's software to gain access. | High | Financial institutions, software providers | Vendor risk assessment, audits, incident response plans | Increased incidents targeting software updates. |
| Zero-Day Exploits | Attacks based on vulnerabilities that are unknown to the vendor. | High | Software vendors, financial applications | Immediate patching processes, threat intelligence services | Emerging as a primary attack vector. |
| ATM Fraud | Exploiting machines to dispense cash fraudulently or siphon off card info. | High | Consumers using ATMs | Use of security logs, real-time monitoring of ATM activity | Emerging techniques to tamper with machines. |
| Website Spoofing | Creating fraudulent websites to mimic genuine financial institutions. | High | Online banking users | User education, domain verification, secure browsing | Increased use of lookalike domains. |
| Mobile Banking Fraud | Unauthorized access to mobile banking applications. | High | Mobile users | App security features, regular updates, user awareness | Exponential growth with mobile banking usage. |
| Unpatched Systems | Exploiting known vulnerabilities in software that has not been updated. | High | All financial sectors | Regular software updates, vulnerability management | Continuous rise of cyber attacks on outdated systems. |
| Fake Online Reviews | Fraudulent reviews to influence user decisions in financial services. | Moderate to High | Consumers and investors | Review verification systems, user education | Many platforms revised guidelines to combat this. |
| Credential Stuffing | Using stolen credentials to gain unauthorized access to accounts. | High | Online banking systems | Account lockout policies, captcha systems | Increasing as data breaches proliferate. |
| Cryptocurrency Exchange Hacking | Attacks to steal cryptocurrency from exchanges. | Critical | Cryptocurrency platforms, investors | Cold wallet storage, security audits, user verification | Frequent trend with the rise of digital currencies. |
| Tax Fraud Scams | Fraudulent schemes targeting tax information for financial gain. | High | Individuals and businesses | Tax education, secure disposal of documents, vigilant monitoring | Increases around tax season. |
| Investment Scams | Fraudulent schemes to lure investors to put money into non-existent funds. | High | Investors, financial institutions | Investor education, due diligence protocols | Rise of social media-based schemes. |
| SIM Swapping | Manipulating telecom providers to take control of a victim's phone number. | High | Mobile banking users | Carrier account security measures, monitoring of phone activity | Increasingly popular method for account takeover. |
| Business Email Compromise (BEC) | Email spoofing to trick businesses into transferring money. | High | Businesses, financial departments | Email verification protocols, employee training | Rising incidents among small to medium enterprises. |
| Fake Charities | Fraudulent organizations calling for donations related to disasters or events. | Moderate to High | Well-meaning individuals | Charity verification, due diligence on donation requests | Surges during major crises and disasters. |
| Website Defacement | Unauthorized alteration of a website's appearance to harm reputation. | Moderate | Financial institutions | Web application firewalls, continuous security monitoring | Higher frequency after significant events or news. |
| Identity Theft | Stealing personal information to impersonate someone else for financial gain. | Critical | Individuals and entities | Identity monitoring services, secure document disposal | Rapidly growing due to ease of information access online. |
| Non-compliance Penalties | Legal penalties incurred due to failure to meet cybersecurity regulations. | Varied | Financial institutions | Regular compliance audits, training on regulations | Increasing emphasis on compliance due to regulatory pressure. |
| Account Takeover | Unauthorized access and control of a user's financial accounts. | High | Consumers online | Multi-factor authentication, real-time transaction alerts | Growing trend with increase in digital banking. |
| Credit Card Fraud | Unauthorized use of credit card information to make transactions. | High | Consumers, retailers | Chip technology, transaction monitoring, user education | Shift towards digital wallets with evolving fraud strategies. |
| Cyber Espionage | Stealing sensitive information from financial companies for competitive advantage. | High | Large financial institutions | Network segmentation, employee background checks | On the rise among major corporations. |
| Fake Job Scams | Fraudulent job postings designed to collect personal information. | Moderate to High | Job seekers | Job application design review, secure data handling protocols | Increasing occurrence on popular job boards. |
| Impersonation Scams | Scammers impersonate known contacts to solicit funds or information. | High | Businesses and individuals | Verification protocols for requests, awareness training | Prevalence during economic uncertainty. |
| Exploiting Payment Platforms | Attacking vulnerabilities within payment processing platforms. | High | E-commerce, banks | Regular vulnerability assessments, security patches | Growing due to reliance on digital payments. |
| Loan Scams | Fraudulent offers seeking upfront fees in exchange for loans. | High | Individuals seeking loans | Verification of lenders, increased scrutiny before applying | Common among vulnerable populations. |
| Fake Invoices | Sending fraudulent invoices to trick businesses into making payments. | Moderate to High | Businesses | Invoice verification processes, communication protocols | Prevalence in B2B transactions. |
| Remote Access Trojans (RATs) | Malware that enables unauthorized remote access to a device/system. | High | All financial sectors | Endpoint security, employee training, intrusion detection systems | Increasing sophistication in evading detection. |
| Platform Vulnerabilities | Weaknesses in financial software platforms that can be exploited. | High | Software developers, financial institutions | Regular code audits, threat modeling, user feedback | Emerging focus on DevSecOps practices. |
| Legacy Systems Exploitation | Targeting older systems that may lack current security measures. | High | Financial institutions | System upgrades, transitioning to modern platforms | Increased incidents exploiting outdated technology. |
| Third-party Vendor Risks | Risks associated with relying on vendors who may not have robust security. | High | Financial institutions | Due diligence, security assessments of vendors | Greater emphasis on managing vendor relationships. |
| Public Wi-Fi Risks | Using unsecured public networks can expose sensitive communications. | High | Mobile users, business travelers | Use of VPNs, avoiding sensitive transactions in public spaces | Increase in mobile banking leading to more risks. |
| Regulatory Attack | Targeting financial institutions with attacks designed to disrupt services and incite regulatory scrutiny. | High | Regulated financial entities | Robust compliance programs, incident response | Emerging trend due to heightened regulatory scrutiny. |
| Cybercrime as a Service (CaaS) | Cybercriminals offering services to other criminals for a fee. | High | Various targets | Awareness and training on emerging threats | Growth among new health data breaches. |
| Spear Phishing | Targeted phishing attacks focused on specific individuals or organizations. | High | High-value targets, executives | Customized training, email scanning tools | Increased targeting of executives due to access. |
| High-Volume Transaction Fraud | Rapidly generated transactions to exploit systems or create confusion. | Moderate to High | Financial institutions | Real-time transaction monitoring, AI systems | Growing trend with automated bots for fraudulent transactions. |
| Financial Malware | Specifically designed malware to target financial transactions. | High | Consumers and banking apps | Application security testing, regular updates | Emerging focus on mobile applications. |
| Data Theft via Social Media | Gathering personal information to aid in perpetrating scams. | Moderate to High | Individuals, businesses | Social media privacy settings review, user education | Increasing prevalence as social media use grows. |
| Distributed Ledger Attacks | Exploiting vulnerabilities in blockchain for financial gain. | High | Cryptocurrency platforms | Regular audits, network monitoring | Emerging threat as industries adopt blockchain technology. |
| Investment Phishing | Fake investment opportunities to steal credentials or funds. | High | Investors | Educational campaigns, due diligence in opportunities | Increased targeting during market volatility. |
| ATM Jackpotting | Tampering with ATMs to dispense cash otherwise inaccessible. | Critical | Financial institutions, ATM users | Physical security of ATMs, surveillance | Growth due to rise in cashless transactions. |
| SIM Cloning | Illegal duplication of SIM cards to intercept communications. | High | Mobile banking users | Carrier security measures, alert systems | Increased occurrences with mobile banking services. |
| Public Ledger Tampering | Manipulating transactions on public ledgers to create fraudulent records. | High | Cryptocurrency exchanges | Audit trails, validation mechanisms | Emerging issues with insecure smart contracts. |
| Spoofing Attacks | Impersonating legitimate services to obtain sensitive data or funds. | High | Anyone using online services | User education, verification processes | Increased visibility of spoofed domains. |
| Trojans | Malicious software disguised as legitimate software. | High | End users | Regular scans, employee awareness training | Sophisticated disguises in legitimate applications. |
| API Security Vulnerabilities | Weaknesses in APIs that expose sensitive data. | High | Financial applications | API security best practices, regular testing | Rising importance as the financial industry evolves. |
| Spy Networks | Building a network of remote agents to gather insider information. | High | Financial institutions | Monitoring employee activities, background checks | Increased due to global competitiveness. |
| Deep Fakes | Using advanced AI to create realistic fake videos or audio to impersonate individuals. | High | High-value targets, executives | Verification of communications, digital signature authentication | Emerging threat to corporate security. |
| Business Scams via Social Media | Using social media to perpetrate scams against businesses. | Moderate to High | Small and medium businesses | Social media monitoring, verify business inquiries | Growing with increased social media usage. |
| Network Intrusions | Unauthorized access and manipulation of network data. | High | Businesses, financial institutions | Advanced firewalls, intrusion detection systems | Increasing sophistication of attackers. |
| Data Privacy Breaches | Unauthorized access and disclosure of data violating privacy laws. | High | Financial institutions | Compliance training, data protection policies | Rising regulatory pressures. |
| Credential Harvesting | Stealing user credentials from compromised sites or emails. | High | Consumers, businesses | Password managers, phishing detection systems | Growth in automated credential harvesting tools. |
| Email Spoofing | Emails fabricated to appear from legitimate sources to harvest information. | High | Businesses, individuals | Email authentication protocols, education | Widespread and commonly exploited tactic. |
| Session Hijacking | Exploiting a web session control mechanism to steal credentials. | High | Online banking users | Secure session handling, HTTPS usage | Increased attention to session security. |
| Misconfigured Cloud Storage | Improperly secured cloud storage leading to data exposure. | High | Businesses using cloud services | Regular audits, access controls | Increased focus as businesses migrate to the cloud. |
| Non-compliance Exploitation | Cybercriminals leveraging a company's regulatory non-compliance for attacks. | Moderate to High | Financial institutions | Compliance audits, employee training | Emerging as a higher risk for industries under scrutiny. |
| Browser Vulnerabilities | Exploiting weaknesses in web browsers for unauthorized actions. | High | Anyone using the internet for finance | Browser security updates, awareness of phishing | New exploits targeting popular web browsers. |
| Token Theft | Stealing authentication tokens to bypass verification steps. | High | Online services and more | Two-factor authentication, regular token rotation | Emerging strategy for bypassing security. |
| Financial Statement Fraud | Manipulating financial records to mislead or deceive stakeholders. | High | Businesses | Internal audits, compliance reviews | Increases during economic downturns. |
| Cloud Misconfiguration | Errors in cloud service settings leading to data leaks. | High | Businesses using cloud services | Regular monitoring, use of compliance frameworks | Frequent occurrence as cloud adoption rises. |
| Payment Card Data Theft | Stealing credit card data through various methods. | Critical | Consumers and retailers | End-to-end encryption, PCI DSS compliance | Highly concerning as digital transactions increase. |
| False Investment Recommendations | Providing misleading financial advice for personal gain. | Moderate to High | Investors | Regulatory oversight, compliance training | Surge in social media dissemination of false information. |
| Encryption Backdoors | Exploit vulnerabilities in encryption protocols to gain access. | High | Cybersecurity-focused institutions | Strict security testing for encryption methods | Emergence of debates over encryption policies. |
| Automated Trading Exploits | Manipulating algorithmic trading systems for profit. | High | Financial firms | Regular security assessments of trading algorithms | Rising sophistication and frequency of algorithmic attacks. |
| Non-traditional Payment Scams | Fraudulent schemes involving newly developed payment methods. | Moderate to High | E-commerce platforms, consumers | Awareness campaigns, verification of payment methods | Increased susceptibility for untrained users. |
| Domain Spoofing | Creating fake domains to deceive users into providing information. | High | Businesses, individuals | Domain monitoring services, user education | Frequent occurrence as registration costs are low. |
| Cloud Data Leakage | Accidental exposure of confidential data hosted in the cloud. | High | Businesses using cloud services | Data classification, access controls | Common among enterprises using public cloud. |
| ATM Phishing | Installing deceptive overlays on ATMs to collect card data. | High | Consumers using ATMs | User education, monitoring suspicious activity | Growing concerns over public skimming attempts. |
| Governance Risks | Risks tied to insufficient corporate governance leading to vulnerabilities. | Moderate to High | Financial institutions | Robust governance frameworks, compliance measures | Increasing scrutiny of board-level cybersecurity oversight. |
| Unsecured APIs | APIs that expose sensitive data or functions without adequate protection. | High | Application developers and companies | Security protocols, code reviews | Emerging focus as application ecosystems grow. |
| Inter-bank Transfer Fraud | Scammers impersonate clients to authorize fraudulent transactions. | High | Banks, clients | Verification processes, transaction alerts | Rising in targeted attacks against financial institutions. |
| Local Network Vulnerabilities | Weaknesses in office or local networks can lead to data breaches. | High | Businesses | Network segmentation, use of VPNs | Increased targeting during remote work scenarios. |
| Public Disclosure of Financial Information | Intentionally leaking sensitive financial data to harm organizations. | High | Publicly traded companies, financial services | Data handling protocols, encryption | Emerging tactic during competitive battles. |
| Misuse of Consumer Information | Exploiting personal information for malicious purposes. | High | Consumers, financial institutions | Privacy policies, user consent verification | Increased oversight of data handling practices. |
| Advanced Persistent Threats (APTs) | Long-term targeted cyberattacks aimed at gaining sensitive data. | Critical | Large organizations | Continuous threat monitoring, incident response plans | Growing trend against high-value targets. |
| Cryptocurrency Theft | Unauthorized access to cryptocurrency wallets to steal assets. | Critical | Investors in cryptocurrency | Cold storage, multifactor authentication | Increasing targeting of crypto investors. |
| Risky Financial Practices | Fraudulent financial practices that pose threats to consumers. | High | Consumers | Educating consumers on financial products | Common as financial products grow more complex. |
| Inadequate Data Security Protocols | Failing to adopt proper data security measures. | High | Businesses | Data protection compliance, regular audits | Risks increase with digital transformation. |
| False Online Promotions | Fraudulent promotions designed to harvest personal data. | High | Consumers | Awareness of promotional tactics, verification | Rising with e-commerce marketing strategies. |
| Vishing | Voice phishing via phone calls to acquire sensitive information. | High | Individuals and businesses | Caller ID verification, user education | Increased reliance on voice communications leads to vulnerability. |
| Spear Phishing via Social Media | Targeted phishing through social media channels. | High | Social media users | Education on recognizing threats, security settings | Common as social media grows in use. |
| Fake Financial Products | Offering fake products/securities to trick consumers/investors. | High | Investors, consumers | Educating on legitimate offerings, escrow accounts | Emerging in digital marketplaces. |
| Fiat Currency Manipulation | Manipulating currency values through cyber means. | Critical | Finance-related sectors | Market surveillance, regulatory measures | Emerging concerns amidst economic uncertainties. |
| High-Volume Payment Fraud | Using bots to perform massive fraudulent transactions. | High | Online platforms | Automated fraud detection systems, transaction limits | Increasing as transaction volume rises. |
| Geolocation Spoofing | Misleading user-based protections by faking geographic locations to trick systems. | High | Consumers using geo-restricted services | Geo-detection measures, transaction alerts | Emerging as a more common tactic. |
| Failure to Implement MFA | Not using Multi-Factor Authentication increases vulnerabilities. | High | All organizations | Implement MFA across platforms | Common gap as cyber threats increase. |
| Identity Fraud in Lending | Using stolen identities to apply for loans or credit. | High | Lenders, financial institutions | Identity verification processes, monitoring app usage | Growing as personal information becomes more accessible. |
| Telecommunication Attacks | Exploiting telecom-related vulnerabilities for scams. | High | Individuals and businesses | Carrier collaboration, awareness of telecom risks | Increasing frequency of such attacks. |
| Mobile App Vulnerabilities | Weaknesses in mobile applications that handle financial data. | High | Users of financial apps | Regular security testing, use of secure coding practices | A common terrain for cyber attackers. |
| False Approval Scams | Scammers impersonate loan representatives to extract fees. | High | Individuals seeking loans | Loan verification protocols, prompt red flags | Surge during economic downturns. |
| Electronic Fund Transfer Fraud | Fraudulent transactions using electronic methods to steal funds. | High | Businesses, consumers | Transaction monitoring, fraud recovery plans | Emerging as a significant threat. |
| Inadequate Incident Response Plans | Failure in addressing and responding adequately to incidents. | High | Financial institutions | Implement and drill comprehensive incident response plans | Common failure in financial institutions. |
| Cyber Attacks on Payment Processors | Direct attacks targeting payment processing capabilities. | Critical | Merchants, consumers | Increased transaction monitoring, compliance audits | Rising scrutiny on payment processing security. |
| Spyware on Mobile Devices | Using spyware to collect financial data from mobile devices. | High | Mobile users | Mobile security measures, regular scanning | Increasing prevalence with mobile banking. |
| Botnet Attacks | Using networks of compromised devices to target financial institutions. | Critical | Banks, payment systems | Traffic analysis, real-time monitoring | Emerging tactic leveraging IoT devices. |
| Financial Social Engineering | Manipulating individuals to give up financial information through deceit. | High | Individuals, financial institutions | Rigorous employee training, cybersecurity drills | Increasingly sophisticated methods. |
| Phishing via SMS (Smishing) | Sending fraudulent SMS messages to steal credentials or funds. | High | Consumers with mobile devices | User awareness training on smishing alerts | Increasing as mobile usage surges. |
| Third-Party Breaches | Compromising security through third-party vendors. | High | Businesses reliant on services | Vulnerability assessments, compliance audits | Emerging focus on vendor management. |
| Financial Account Phishing | Targeting specific accounts to gather sensitive information. | High | Bank customers, investors | Account monitoring, password hygiene | Rising with increased online transactions. |
| Business Model Exploitation | Taking advantage of weaknesses in specific business models to commit fraud. | High | Businesses | Regular model assessments, fraud detection systems | Common with emerging business trends. |
| Social Media Data Exploitation | Collecting personal data from social media for fraudulent activities. | Moderate to High | Individuals, businesses | Monitoring social media reach and privacy settings | Prevalence in scams relying on social engineering. |
| Credential Leak Exploitation | Using leaked credentials to gain unauthorized access. | High | Individuals, businesses | Monitoring for compromised accounts, user alerts | High prevalence due to breaches. |
| Abusive Regulatory Practices | Manipulating regulations for personal or business gain. | Moderate to High | Businesses, governments | Continuous compliance monitoring, ethical training | Emerging alongside complex regulation landscapes. |
| Inadequate Employee Training | Lack of cybersecurity training leads to increased vulnerabilities. | High | Organizations | Implement effective training programs, ongoing education | Frequent point of failure in security. |
| User Behavior Exploitation | Exploiting the predictable behaviors of users to gain access. | High | Online users | Behavioral analytics, monitoring unusual activities | Increasing use of behavioral manipulation techniques. |
| Misleading Financial Forecasting | Providing false predictions or reports to manipulate market perceptions. | High | Investors | Verification processes, regulatory oversight | Emerging concern among regulators. |
| Payment Reversal Scams | Fraudulent schemes to reverse legitimate transactions to unfairly gain funds. | High | E-commerce | Real-time transaction alerts, customer verification | Emerging risks as e-commerce grows. |
| API Abuse | Exploiting APIs to gain unauthorized access or perform unwanted actions. | High | Software applications | Rate limiting, API governance practices | A common vulnerability in modern applications. |
| Mobile Payment Scams | Using mobile devices to perpetrate fraud surrounding payments. | High | Mobile users | Verification for mobile transactions, user education | Prevalence alongside growing mobile payment facilities. |
| Data Migration Vulnerabilities | Risks arising during the migration of data between systems. | Moderate to High | Businesses | Thorough migration testing, secure protocols | Increases as organizations digitize records. |
| Underinsurance Against Cyber Threats | Not having adequate insurance against potential cyber threats. | High | Businesses | Risk assessments, comprehensive cyber insurance | Emerging concern as costs of breaches rise. |
| Automated Fraud via AI | Using AI systems to commit fraud at scale. | High | Financial entities | Vigilant monitoring, AI in security practices | Increasing as technology advances. |
| Denial of Inventory Fraud | Using DDoS attacks to create confusion in inventory management processes. | High | Retailers, e-commerce | Redundant systems, inventory management practices | Emerging risk in e-commerce sectors. |
| Malicious Chrome Extensions | Extensions that harvest user data or inject scripts for fraud. | High | Browser users | Review and vet installed extensions, user awareness | Increasing visibility and frequency. |
| Digital Identity Manipulation | Creating or manipulating digital identities for fraud. | High | Financial transactions | Identity verification processes, secure platforms | Rising with digital identity growth. |
| High-Volume Analysis Exploitation | Using analysis of high-volume transactions to identify weaknesses. | High | Forex and trading platforms | Internal audits, transaction monitoring | Emerging risks in financial platforms. |
| Failure to Protect Intellectual Property | Inadequate protections for proprietary financial data. | High | Financial firms | Legal protections, NDA agreements | Growing focus on securing proprietary information. |
| Digital Payment Fraud | Fraudulent activities involving digital payment methods. | High | Consumers and businesses | Continuous monitoring, effective fraud alerts | Highly prevalent due to ease of digital transactions. |
| Legacy Software Exploitation | Targeting outdated software systems lacking security updates. | High | Financial institutions | Regular updates, replacement strategies | Emerging concern as many systems remain outdated. |
| Phishing Kits Selling | Cybercriminals selling phishing kits to other criminals. | High | All sectors | User education, phishing detection tools | Increasing availability on the dark web. |
| Reverse Social Engineering | Making victims turn to the attacker for help, only to be exploited. | High | Individuals, small businesses | User awareness training, verification of assistance | Emerging trend in social engineering tactics. |
| Empty Account Scams | Scamming individuals by offering fake accounts or financial opportunities. | High | Consumers | Verification of offers, education on scams | Prevalence in online finance platforms. |
| Online Market Scam | Scams targeting online marketplaces to collect fees or personal data. | High | Consumers | Awareness campaigns, monitoring listings | Rapid growth in online commerce leading to more risks. |
| Client Impersonation Scams | Pretending to be a client to bypass security checks. | High | Financial institutions | Strict identity verification procedures, alerts | Common during financial transactions. |
| Regulatory Non-compliance Exploitation | Taking advantage of non-compliance for financial fraud. | High | Businesses | Compliance checks and audits | Emerging as regulatory demands increase. |
| Quizzes and Surveys for Data Theft | Using quizzes or surveys to gather personal data under the guise of curiosity. | High | Individuals, consumers | Awareness of data collection methods, privacy settings | Increasing trend in social media interactions. |
| Direct Access Hack | Breach that allows attackers to have direct access to sensitive systems. | Critical | Corporations, banks | Network security protocols, immediate patches | Emerging as a concern among financial institutions. |
| Overpayment Scams | Misleading individuals or businesses to issue payments for nonexistent services. | High | Businesses | Verification of payment requests, awareness training | Common during economic downturns. |
| Payment Service Provider Vulnerabilities | Security holes in payment service providers that can be exploited. | High | E-commerce, financial services | Third-party risk management, compliance checks | Increasing scrutiny on service providers. |
| Investment Platform Phishing | Targeted attacks against users of investment platforms. | High | Investors | User education, verification of communication | Emerging due to growth in online investing. |
| Diligence Failure Scams | Bypassing due diligence steps to commit fraud. | High | Businesses, investors | Education on diligence processes, background checks | Emerging concern in investment sectors. |
| Network Segmentation Risks | Files that signal inadequate segmentation increase vulnerability. | High | Businesses | Thorough segmentation practices and audits | Rising scrutiny on network security practices. |
| Fraudulent Trading Platforms | Fake platforms for trading that steal clients' investments. | High | Investors | Monitoring for fraudulent platforms, user validation | Increased proliferation of scam trading sites. |
| Email Account Takeover | Gaining access to an email account to initiate fraud. | High | All users | Two-factor authentication, account monitoring | Increased risk due to lifecycle of email accounts. |
| Website Content Alteration | Modifying website content to mislead visitors or gather data. | Moderate to High | Businesses | Continuous website monitoring, security reviews | Emerging concern with increasing web vulnerabilities. |
| Mobile Wallet Vulnerabilities | Exploiting weaknesses in mobile wallet applications. | High | Consumers | Regular security patches, user education | Growing usage of mobile wallets risk against security. |
| Remote Work Risks | Increased vulnerabilities due to a shift to remote operations. | High | Businesses | Remote work security policies, regular training | Increased focus post-pandemic. |
| Fake Holiday Promotions | Fraudulent promotions around holidays to steal data. | High | Consumers online | Verification of promotions, security alerts | Increasing occurrences during holiday seasons. |