Straight to the Vault
When asked why he robbed banks, American bank robber Willie Sutton famously replied, “Because that’s where the money is”. Similarly, financially motivated hackers now directly target financial institutions instead of their customers, as each heist is worth millions of dollars. Recent hacker campaigns like Anunak, FIN-4, and direct attacks against global banks clearly demonstrate this shift in thinking.
Hackers looking to gain insider information on market-moving events and investments are targeting private equity, asset management and other financial services firms. This passive monitoring can continue for months undetected.