In 2024, financial services organizations faced a 25.2% rise in advanced email attacks and a 17% increase in phishing, contributing to $2.8 billion in business email compromise losses reported to the FBI. Abnormal AI helped mitigate these growing threats by providing advanced detection and prevention capabilities tailored to FinServ, enhancing security beyond traditional defenses. This AI-powered solution effectively reduces risks to data, reputation, and revenue by identifying sophisticated email attacks like BEC and invoice fraud, ensuring stronger protection for organizations amid increasing cyber threats.

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