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Southeast Europe – cybercrime's newest scene?

Discussion in 'CSO' started by RSS, Nov 25, 2015.

  1. RSS

    RSS New Member Member

    Improving the level of IT security is the top investment priority for Bulgarian financial institutions. A large majority, 67%, of Bulgarian banks and insurance companies plan to increase their spending on security technology next year, according to a survey conducted by cio.bg in October 2015. The second investment priority is automation of key customer services, but only 33% are planning to spend part of their budgets in this direction.

    The focus on IT security outlined by cio.bg is not surprising in the light of the recent changes on the cyber security scene.

    MORE ON CSO: How to spot a phishing email

    In August 2015 the technology site Securityintelligence.com announced that the dangerous Trojan malware Gozi/ISFB had included nine Bulgarian banks among its targets. The first version of the Gozi Trojan adapted to infect users in Bulgaria was detected by IBM Security X-Force analysts.

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