The banking sector has always been at the center of criminal attention. Today, banks must contend with near-constant cyber attacks from organized criminal gangs, as well as highly skilled and well-resourced threat actors working on behalf of nation-states.

In recent years we have seen multiple APT groups launching sophisticated attacks on financial institutions around the world. For example, there are the attacks on US and Saudi Arabian banks by APT33, believed to be funded by Iran. APT38, which has links to North Korean-backed Lazarus Group, has specialized in striking the SWIFT system and is connected to more than £100m in in stolen funds.