As businesses in the banking and finance industry transform and introduce more digital platforms to interact with clients, cyber risks have increased in tandem, especially during this unprecedented pandemic period. 

In a recent interview with Thomson Reuters, Ensign’s Senior Vice President of Technology & Capabilities, Lee Shih Yen, shared key findings of the Ensign Cyber Threat Landscape Report 2020, and explained why the finance sector remains a lucrative target for cybercriminals. 

Here are some highlights from the interview:

• • Top cyber threats faced by organisations in 2019
• • 2020 cybercrime trends, and rise in COVID-19 themed phishing attacks
• • Insights on how to overcome cybercrime challenges