Shields Up: How Financial Institutions Should Brace for Targeted Cyberattacks
- Date:May 26, 2022
- Author(s):
- Tracy Kitten
- Report Details: 6 pages, 2 graphics
- Research Topic(s):
- Cybersecurity
- Fraud & Security
- PAID CONTENT
- Download summary
Overview
The U.S. government is warning U.S. firms to prepare for possible Russian cyberattacks due to the West's economic sanctions on Russia and support of Ukraine. This note explores the specifics of the U.S. government's "Shields Up" warnings, and reviews the basic measures and precautions U.S. financial institutions should have in place or be implementing to prepare for state-sponsored cyberattacks from Russia.
Companies Mentioned:
Bitcoin, Citigroup, Colonial Pipeline, Cybersecurity & Infrastructure Security Agency (CISA), Defense Intelligence Agency (DIA), JPMorgan Chase, NATO, PNC Bank, SolarWinds, US Bancorp, Wells Fargo
Interested In This Report
Related content
Targeting TikTok: Rising Geopolitical Tension Should Put FIs on Guard
As a bipartisan group of legislators tries to put TikTok out of business in the United States over its China-based ownership and sketchy history of leveraging user data, U.S.-based...
Ransomware Negotiation Market Landscape 2022
Ransomware negotiation providers play a pivotal role in aiding financial institutions in their recovery of stolen and/or encrypted data and in conducting post-attack forensics to h...
2023 Cybersecurity Trends & Predictions
The annual cybersecurity trends will provide financial institutions a glimpse of what will be key trends in the following year.
Make informed decisions in a digital financial world