While many online safeguards are deployed within financial institutions, criminals are evolving their techniques rapidly. Instead of phishing attacks that lead to fake websites designed to harvest usernames and passwords, the techniques are now more sophisticated and effective against previously deployed defenses. Phishing and spear-phishing attacks are designed to deploy malware, which takes over users' browsers and executes malicious transactions. The malware is crafted to avoid detection by antivirus tools. The result is known as a "man-in-the-browser" attack. Just how susceptible is your bank or financial institution to this threat?
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