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October 29, 2024   /   Tami McMoran

Post Date: 10/28/2024

At Capital Bank, safeguarding our customers and their financial information is our top priority. One way we uphold this commitment is by making sure our customers stay informed about the latest cybersecurity vulnerabilities. Below are some emerging threats  and trends:

Ransomware Attacks: Ransomware involves malicious actors or third parties introducing malware into your systems. This type of malware infiltrates secure platforms, capturing and encrypting your data. Once encrypted, attackers demand a ransom for the release of  your information.

Increasing use of AI: The growing use of AI has led to advancements in many areas, but it’s also being exploited by hackers for malicious activities. AI-generated phishing emails, in particular, have become more convincing, with fewer errors and faster distribution, making them harder to detect.

Deepfakes: Bad actors are using deepfake technology to create highly convincing scams and false claims. These deepfakes can mimic a person’s voice or likeness to fraudulently access private banking information.

Screen Captures and User Interfaces: Screen captures occur when hackers or malware take a screenshot of your computer or mobile device, exposing sensitive information that can then be shared on malicious websites. Additionally, hackers are designing realistic, yet deceptive, user interfaces that confuse everyday users. These interfaces may even feature pop-ups requesting login credentials, which could introduce malware into your system.

How Capital Bank Can Help:

As cyber threats evolve, it’s essential to discuss your bank’s incident response protocols designed to mitigate and minimize their impact. If you have any concerns, reach out to Capital Bank. Our team is dedicated to keeping you informed and helping reduce the risks of malware and data breaches.