Cyberthreats in the financial industry: Figures & insights
The financial sector is a prime target for cybercriminals, with threats evolving rapidly. From phishing and credential theft to AI-driven fraud and ransomware, banks face increasing risks.
Most common cyberattacks targeting the banking sector (2024):
Phishing & Social Engineering – 35%
Attackers trick employees or customers into revealing sensitive information through fraudulent emails, messages, or phone calls.
Credential theft & account takeovers – 25%
Stolen login credentials give hackers access to banking systems or customer accounts, often via phishing or malware.
Ransomware & extortion attacks – 18%
Cybercriminals encrypt financial data and demand a ransom for its release, disrupting operations.
Insider threats – 10%
Employees (malicious or negligent) expose sensitive financial data.
DDoS (Distributed Denial-of-Service) attacks – 7%
Overwhelming online banking platforms with traffic to disrupt services.
AI-Powered Fraud & Deepfake attacks – 3%
AI-generated voices or deepfake videos for impersonation.
API & supply chain attacks – 2%
Attackers exploit vulnerabilities in third-party banking software or APIs to gain unauthorised access.
📌 Key Cybersecurity Statistics (2024)
Average cost of a data breach: $4.88 million
68% of breaches involve human error (e.g., phishing, weak passwords)
Average time to detect a breach: 194 days
🔗 For more cybersecurity statistics, click here.
How to secure your account from cyber threats
Safeguarding your account and cards from cyberattacks requires a proactive approach. In this section, we’ve outlined a few simple yet effective tips to help keep your amnis account secure.
Protecting your amnis account: Essential security measures
By implementing the following measures, you can significantly enhance the security of your amnis account and cards:
Use strong & unique passwords: Use strong passwords instead of common phrases or birthdays. Our system enforces secure passwords, but a password manager can help generate and store them safely. Consider using passphrases (example: AutumnLeaves&BrightSun) for extra security.
If you are interested in finding out the most frequently used passwords in Switzerland and the time it takes to work them out, visit Nordpass.com.
Enable Two-Factor Authentication (2FA): 2FA strengthens security by blocking unauthorised access, even if your password is compromised. For your amnis login, use the Futurae authenticator app or enable SMS-based codes by linking your mobile number for added protection.
Monitor for data breaches: Regularly verify if your email has been exposed in a breach using tools like Have I Been Pwned. Staying informed allows you to act quickly if your credentials have been compromised.
Educate employees: Teach your team how to recognise cyber threats.
Keep your software updated: Patch vulnerabilities by keeping devices and banking apps up to date.
Monitor account activity: Set alerts for unusual transactions.
Finally, stay alert for phishing scams! Always verify senders before clicking links or sharing personal information. In the section "How to spot and avoid phishing attacks", we’ll explore different types of phishing attacks and how to protect yourself.
Quick detection is crucial to minimising the impact of fraud. The sooner you recognise and respond to suspicious activity, the better you can protect your accounts and data. Stay vigilant, stay informed, and stay secure. 🔐
Advanced security tips for your amnis account
At amnis, we constantly enhance security to protect your account and cards. Here’s an overview of new measures you can apply to boost account and card safety:
Limit card usage to necessary locations: Restrict transactions to countries where your card is actively used to reduce fraud risk.
Customise country restrictions: New and unused cards are limited to the EEA and Switzerland by default, with additional countries adjustable anytime. Existing cards are now restricted to previously used locations.
Set spending limits: Define daily or monthly limits per card to control expenses and prevent unauthorised transactions.
Disable unused payment options: Turn off online or in-store payments for each card based on specific use cases, such as online subscriptions or in-store purchases.
Suspend unused cards: Temporarily deactivate cards that are not in use to prevent unauthorised access.
Enable 3D Secure (3DS) authentication: Ensure 3DS requests are properly verified. If the cardholder doesn’t have an amnis account or 2FA enabled, the transaction will require admin approval or be denied for security reasons.
Monitor login activity: Stay alert with email and mobile notifications for logins on new devices.
At amnis, we ensure that client accounts are secure with multiple protective features. These include a solid basic infrastructure, SSL encryption, regular IT audits and penetration tests.
How to spot and avoid phishing attacks
Phishing scams trick you into revealing sensitive information. The most common types being:
Email phishing: Fake emails urging you to click malicious links.
SMS phishing (Smishing): Fraudulent texts posing as banks or services.
Voice phishing (Vishing): Scammers calling to steal your data.
Website spoofing: Fake websites mimicking real ones to capture logins.
Business Email Compromise (BEC): Cybercriminals impersonate executives to manipulate employees.
In addition to the essential security measures described in the section before, follow these extra steps to protect against phishing:
Verify the sender: Always check the sender’s email address or phone number before responding to any request for sensitive information. Red flags can be rgent requests and poor grammar.
Check before you click: Avoid clicking on links or downloading attachments in unexpected emails or messages.
Use strong authentication: Enable multi-factor authentication (MFA) to add an extra layer of security to your accounts.
Detect fake websites (Website Spoofing):
Watch out for misspelled domains (e.g. faceboook.com), typosquatting (e.g. g00gle.com) or additional words in URLs (e.g. login-secure-paypal.com).
Always check that the website uses HTTPS with a padlock symbol 🔒.
Type the official URL into the address bar manually instead of clicking on links in emails or messages.
For amnis, the following applies: Only use https://app.amnistreasury.com/login for secure access and save the correct page as a bookmark.
Never share banking credentials: amnis or any other financial services provider will never ask for your password, PIN, or one-time authentication codes via email, SMS, or phone.
💡Stay up to date with our latest security enhancements by exploring the updates in our newsletters:
What to do if you fall victim to a cybersecurity attack
🚨 If you suspect you've been targeted by a cyberattack, acting quickly can minimise damage and prevent further risks. Follow these steps:
Disconnect immediately: If you clicked on a suspicious link or downloaded a file, disconnect from the internet to prevent further access.
Change your passwords: Update your login credentials, especially for banking, email, and other critical accounts.
Report the incident: Notify your contact person at amnis immediately (or see contact list below). If financial data is compromised, we or your financial provider may be able to block fraudulent transactions.
Scan for malware: Run a full security scan on your device using antivirus software to detect any potential threats.
Report to authorities: Depending on your country, report phishing and fraud attempts to cybercrime authorities, such as FTC Report Fraud (USA), Europol Cybercrime Reporting (Europe) or Action Fraud (UK).
Analyse the attack and prevent future attacks: Learn how the attack happened to prevent future incidents. Be extra cautious of follow-up scams or attackers posing as "support teams" to gain further access.
Your contacts at amnis
Your safety is our top priority, and we're here to support you in every way possible. If you have any questions or need assistance in an emergency, please don't hesitate to contact us.
Zürich, Switzerland | +41 44 515 87 90 |
Vienna, Austria | +43 1 22 71 25 1000 |
Amsterdam, Netherlands | +31 208097231 |
Prague, Czech Republic | +420 253 253 285 |
Vaduz, Liechtenstein | +423 340 53 50 |
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