Sekoia Reports: Latest in the Financial Sector Cyber Threat Landscape

France-based cybersecurity company Sekoia published a new report regarding the evolution in the financial sector threat landscape. 

Among the many cybersecurity issues, phishing attacks like QR code phishing were the ones that have seen a massive surge in the sector.

Also, the report noted that the finance sector is subject to attacks on the software supply chain. 

Phishing as a Service Massively Hits the Sector

Sekoia claims that in 2023, the phishing-as-a-service paradigm reached widespread use. Cybercriminals are selling phishing kits that comprise phishing pages that mimic various financial institutions, as well as kits designed to take over Microsoft and obtain login credentials for Microsoft 365, which businesses utilize to authenticate to multiple services.

One instance of such a threat is NakedPages PhaaS, that offers phishing pages for varied targets, among which are the financial institutions. With over 3,500 individuals, the threat actor maintains licenses and frequently posts updates on its Telegram channel.

In regards to the aforementioned number, Sekoia based strategic threat intelligence analyst, Livia Tibirna says “generally speaking, cybercrime actors tend to increase their audience, and so their visibility, by inviting users to join their public resources

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