Cybersecurity professionals point out that since the invention of the computer, two methods have accounted for most malicious breaches: social engineering and unpatched software.
Ransomware attacks are one of the most common cybersecurity threats in the Investment Banking industry. Ransomware is malicious software (malware) designed to extort ransom payments by blocking access to a computer system or data, often by encrypting data or programs. In addition to the attack, the perpetrators may also threaten to publish sensitive files. Training and education regarding ransomware can help combat these threats. At M&A Securities Group, we prioritize sharing cybersecurity trends, best practices, and training with our independent contractor registered persons. Protecting their businesses protects their clients and we believe compliance = protection and peace of mind for all.
Click here for an informative timeline that illustrates the history of cyberattacks between 2007-present.