Key Insights
Data, Reputation, and Revenue at Risk
According to the Anti-Phishing Working Group (APWG), financial institutions were consistently the most targeted industry for phishing attacks in 2022. Further, financial organizations had a 70% probability of being targeted with a business email compromise (BEC) attack every week last year.
Additional Layers of Defense are Necessary
Advanced email threats like BEC and invoice fraud are built to evade secure email gateways. These threats are increasing and put financial services organizations at risk for data breaches, financial losses, compliance violations, and loss of trust. Responding to advanced threats manually puts stress on fraud and cybersecurity teams and takes their focus away from other security issues.
Modern Email Security for the Financial Sector
Abnormal’s cloud-native solution quickly integrates with Microsoft 365 and Google Workspace, using thousands of signals across identity, behavior, and content to separate legitimate messages from dangerous threats. Because Abnormal recognizes anomalies even in ongoing conversations, it immediately detects and remediates threats that legacy systems miss—keeping financial institutions safe from attacks.
