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BDO Cyber Threat Insights Spring Report 2020

13 April 2020

Ophir Zilbiger , BDO Global Cybersecurity Leader, BDO Israel Head of Cybersecurity Center |
Noam Hendruker , Head of Global cybersecurity Consulting Group, BDO Cybersecurity Center, Israel |

BDO's Cyber Intelligence team in Israel in collaboration with BDO in the US created this BDO Cyber Threat Insights report with a focus on the financial sector. The report is intended to produce value for senior management and also addresses the challenges of remote workforce.

Cyber-attacks on the financial world have increased and become more sophisticated this past year, in particular social engineering attacks, heresy, phishing attacks that also followed the outbreak of COVID-19 and events where the 'internal threat' materialized.

Recently, we have seen an increase in threats to ATMs and Crypto currencies as opposed to a decline in attacks on major financial systems such as Swift.