The financial sector has been at risk for cybersecurity attacks since the inception of the Internet and is on the rise with each wave of communications and infrastructure technology. This risk has increased in the past several years due to rapid changes in computer hacking technology. Fraudulent transactions against individuals carried out using web injections, Sophisticated fraud by mimicking the behavior of the customers, Bitcoin Fraud, Phishing , Malware Attacks, botnet used by scammers to find passwords, monitor balances / bonus points, espionage and perform other malicious activities in remote banking, etc have the capacity to even shut down the large banks for many days.
Unifyvault provides high security on every data transaction using blockchain technology and smart contracts.
UnifyVault helps the organization by
- Identifying substitution of requisites by means of web-injections
- Identifying compromised clients on a third-party (phishing) site
- Identifying compromised client by secretly redirecting through a proxy to a forged site
- Identifying compromised credentials
- Identifying “bot” – activity
- “Agent-less” solution
- The absence of third-party actions in communication between the Bank and the client
- Protection against counteraction from scammers
- Ability to conduct forensic analysis
- Possibility to counteract fraudulent groups
Unify Vault Financial Use Case
breaches per year
Breaches are detected by employees of the organization and evade the security engineers.
cost of one Malware attack
days to resolve
days to resolve
130 breaches per year
98% Breaches are detected by employees of the organization and evade the security engineers.
$2.4M cost of one Malware attack
50 days to resolve Malicious attack
23 days to resolve ransomware
Perception Vs. Reality
4 in 5 Financial Institutions are confident they are protected
One in three cyber attacks on these institutions is successful
Online Malicious Attacks
1. Substitution of requisites by means of web-injections
2. Compromising client on a third-party (phishing) site
3. Secretly redirecting through a proxy to a forged website
4. Compromised Credentials
5. Fraudulent Bot activity
6. Counteraction from Scammers that use Social Engineering
2017 Trojan Ransomware Attacks
1 in 20
Emails are Infected With Malware
of attack Email use Spear Phishing using Intrusion Social Engineering tactics.