Financial institutions accelerated the implementation of online services during the pandemic, aiming to simplify customers’ access to their bank accounts. Unfortunately, they also simplified cybercriminals’ attack vectors. Financial institutions can employ a series of cybersecurity tools to mitigate the increased risk of cyber fraud.
Over half of Americans have had COVID-19
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A study from the Centers for Disease Control and Prevention (CDC) found that 57.7% of U.S. residents have antibodies consistent with a previous COVID-19 infection.