Information Security Threats to the Banking Industry

CMGT 400

University of Phoenix

Information Security Threats to the Banking Industry

To start off with I chose to go with our banking or financial industry. The banking industry is constantly getting attacked by various methods on a daily basis. I chose this industry because I happen to know someone who works in the security sector at Wells Fargo Bank, he was a good person to get information on what he sees on a daily or weekly basis. This paper is the opinion of myself and with gathered information from various resources.

The three main threats that face the banking industry are; Organized crime targeting financial institutions, Assault on Authentication, Malware. There are other threats that financial institutions are facing...