This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties.  Members and Law enforcement use only. Contact us for any permissions.  To do otherwise will result in the loss of membership.

Complete Story


Financial Institutions are Suffering from Increasingly Sophisticated Cyber Attacks, Which Require a Defensive Paradigm Shift, According to the Cyber Bank Heists Report Released by Contrast Security

PR News Wire

LOS ALTOS, Calif.Feb. 7, 2023 /PRNewswire/ -- Contrast Security (Contrast), the code security platform built for developers and trusted by security, today released its Cyber Bank Heists report, an annual report that exposes the cybersecurity threats facing the financial sector.
Authored by Contrast's Senior Vice President of Cyber Strategy Tom Kellermann, the report is a warning to global financial institutions (FIs) that security must be a top-of-mind issue amid rising geopolitical tensions, increased destructive attacks utilizing wipers and a record-breaking year of zero-day exploits. Financial sector security leaders from around the world - in a series of interviews - revealed specific trends when it comes to notable cyberattacks, e-fraud and cyber defense. Some of the most eye-opening results from the report include:

Printer-Friendly Version



The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.

more information


Your electronic library to help in fighting financial fraud for all of our partners.

more information