Banks and stock exchanges overseas have been hit by damaging cyberattacks in recent years. They are some of the hardest targets out there -- outside of the government itself," said Paul Prudhomme, a cyber threat intelligence advisor at IntSights and a former contractor in the US intelligence community. Danny Jenkins, CEO of cybersecurity firm ThreatLocker, told CNN Business that banks get hit with attempted ransomware attacks "nearly everyday" but they're mitigated. "It's going to be a much greater threat to financial institutions," said DiMaggio, chief security strategist at threat intelligence firm Analyst1. To keep up with the bad guys, he urged banks to rely more on cyber defenses powered by artificial intelligence.

Source: CNN May 12, 2021 16:07 UTC