Sri Lanka, March 14 -- Sri Lanka is increasingly vulnerable to cyberattacks targeting businesses' financial transactions, with 9,218 incidents of financial phishing detected in 2024 alone, according to the latest Kaspersky Security Bulletin. This figure highlights the growing sophistication of cybercriminals who are targeting businesses with deceptive online tactics designed to steal sensitive financial information.

Financial phishing attacks, which involve fraudulent notifications designed to impersonate legitimate financial institutions, have become a major concern for businesses worldwide. These attacks trick individuals and organizations into revealing critical credentials such as banking login details, credit card numbers, and payment...