"Microsoft, American Express Most Spoofed Brands in Financial Services Phishing Emails"
According to the 2023 Financial Services Sector Threat Landscape report by Trustwave SpiderLabs, the most commonly spoofed companies in phishing emails aimed at the financial services industry are Microsoft and American Express. The report cited phishing and email-borne malware as the most used methods for gaining a foothold within organizations. These developments have contributed to these attacks' continued relevance and effectiveness. Cybercriminals are increasingly targeting the financial services industry, with recent research by Akamai uncovering an increase in web application and Application Programming Interface (API) attacks against the global financial services sector. This article continues to discuss the most spoofed brands, the most common malicious attachments in emails, the evolution of phishing tactics as attackers adopt Artificial Intelligence (AI), and recommendations for mitigating email phishing risks.
Submitted by grigby1