An Industry Under Siege
As technology advances and the financial industry becomes more intertwined, cybercriminals are turning toward more complex, sophisticated attacks. Phishing attacks, ransomware, advanced persistent threats—the methods used by cybercriminals to attack financial institutions are many, but InQuest is ready for them.
InQuest understands that your financial organization is not just facing run-of-the-mill security threats. It faces the most sophisticated, well-funded, and ruthless threat actors out there.
Financial Assets
Attackers seek to gain direct access to funds, accounts, and transactions resulting in significant losses and damage. But it’s a mistake to assume advanced persistent threats are always out to steal money directly.
Valuable Data
From customer financial records and personally identifiable information (PII) to trade secrets and intellectual property, no digital asset is off limits. While the end goal might be financial gain, the methods they use to achieve it can range from identity theft to leveraging illegal market advantage.
Reputation Ransom
The advanced persistent threat may culminate in a direct attack on your organization’s reputation. By gaining access to, and threatening to expose, sensitive or otherwise compromising information, the attackers hold your organization’s reputation hostage unless a hefty ransom is paid.
InQuest understands all of the underlying motives behind your attackers’ tactics. Knowing what they might be after, even when it isn’t immediately obvious, is the first step in stopping an advanced persistent threat attack.
If your security solutions are trying to fight cyberattacks one by one, they are fighting a losing battle.
Defense-in-depth means a layered defensive security posture that is both deep and wide. It is not enough to focus on just one form of attack. Whether attackers are planning to steal passwords, or sensitive data, or pull off a full ransomware attack, you need a solution that can handle any and all threats, even if they strike at the same time.
Phishing and Social Engineering
Attackers use deceptive emails to trick unsuspecting employees into divulging sensitive information or executing malicious code. These attacks exploit human behavior and manipulate trust to gain access to systems and initiate further stages of the attack.
Watering Hole Attacks
Attackers will research and compile lists of legitimate websites frequently visited by the employees targeted in their attack. These websites often have lower cybersecurity standards than financial organizations and make for a tempting route of ingress for attackers. They then exploit the trust your employees have for those websites to deliver malware or collect sensitive information.
Credential Theft
Phishing campaigns and watering hole attacks can lead to the access of an individual’s credentials. These credentials will then be used to grant further access to other attackers to increase the success rate of phishing attacks and social engineering efforts.
Each new actor that joins the attack increases the number of new threat potentials exponentially. That’s why InQuest developed its security solutions to hone in on the behaviors and patterns at the root of these attacks, automatically uncovering even large-scale attacks without increasing the burden on your SOC team.
Sophisticated cybercriminals use a multi-prong pattern of attack. Instead of striking head-on, they use more complicated, evasive means to gain access.
Third-Party Relationships
It’s a fact of the modern working landscape that your users will need to connect to and use third-party applications. Unfortunately, these applications may not adhere to the level of security that your organization does. Attackers use these applications as a stepping stone to infiltrate your organization.
Partners
Partner relationships offer an even greater opportunity for attackers due to the inherent trust between partnered organizations. The longer and more beneficial the relationship, the greater the trust, and the greater the power attackers can gain.
InQuest’s solutions incorporate advanced threat intelligence, network monitoring, and unmatched file analysis capabilities to detect suspicious behavior and mitigate threats before they grow into an incident that could permanently damage relationships.
InQuest understands that the finance industry faces the largest potential threats. The cybercriminals who attack this industry are some of the best-trained and most well-funded in the world. When they attack, the attack will be carried out by many individuals from many angles and the damage can go well beyond simple financial loss.
Advanced persistent threats destroy reputations. They destroy relationships. They undermine the trust that financial institutions work tirelessly to build.
Don’t let your organization fall under siege. Let us show you how our unparalleled technology will empower your SOC team to close security gaps, strengthen your defensive posture, and maintain your reputation.