Business and Enterprise
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With the access financial teams have to sensitive financial and customer data, they’re often a target for cyber criminals. Without the proper protections in place, a breach could impact your company’s reputation and jeopardise future business.
One of the most significant bank heists in history was executed digitally against Bangladesh Bank. Cyber criminals managed to compromise the bank’s credentials for its SWIFT payment system. Using these credentials, they initiated a series of fraudulent transactions totaling $951M from the bank’s account at the Federal Reserve Bank of New York. While some transactions were blocked, the criminals still managed to get away with $81M.
Snapchat, the popular social media platform, fell victim to a phishing scam targeting its finance department. An attacker impersonated the CEO and sent an email to a finance employee requesting payroll information. The employee complied, and as a result, the payroll information of several employees was leaked.
Cyber criminals targeted three European banks by compromising the credentials of employees in the finance department. Attackers used Microsoft Office documents to deliver the backdoor before moving laterally within the network, eventually gaining access to systems that managed financial transactions. Damages were estimated to be in the tens of millions of euros.
Finance teams directly handle an organisation’s funds and highly-sensitive information. By compromising the credentials of someone on the finance team, cyber criminals can access accounts and systems to initiate unauthorised transactions, divert payments or commit other types of fraud.
Many financial processes are routine and automated. If an external threat actor or malicious insider can compromise credentials and mimic these regular transactions, their activities might go unnoticed amidst the multitude of legitimate operations.
Keeper enables finance teams to protect and control access to privileged financial data. Keeper is the easiest and most secure solution for finance teams to protect and securely share passwords, files and more. With no technical expertise required, the intuitive platform can be deployed in just minutes, across the entire organisation.
Once deployed, admins can: