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The financialservices sector is still a prime target for cyber criminals and it has been widely reported that in 2020 financial institutions came under attack more than ever before. The post Why Banks Are Still A Top Target For DDoSAttacks appeared first on Blog.
Supply Chain Risk Monitoring: A financialservices firm tracked vendor vulnerabilities through a visualization platform, flagging suppliers with outdated software. For instance: Heatmaps can visualize areas of high activity that may indicate a distributed denial-of-service (DDoS) attack.
The largest and oldest bank in Russia Sberbank faced the record-breaking DDoSattack that reached 1 million RPS. Sberbank , the Russian banking and financialservices giant, announced that it was recently hit by a record-breaking distributed denial of service (DDoS) attack that reached 1 million RPS.
Some instructive fresh intelligence about how cyberattacks continue to saturate the Internet comes to us from Akamai Technologies. As a leading global content delivery network (CDN), Akamai has a birdseye view of what is coursing through cyber space moment-by-moment. Q: The scale of ‘attacks’ in 2020 is astronomical: 6.3
And yet our pervasive deployment of IoT systems has also vastly expanded the cyberattack surface of business networks, especially in just the past few years. Mirai ultimately was used to carry out massive Distributed Denial of Service (DDoS) attacks. The attackers successfully got a foothold on the exec’s MacBook.
Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financialservices, government facilities, nuclear reactors, and critical manufacturing. “Cyber-attacks on critical infrastructure can result in loss of life, monetary and economic issues, or reputational damage.
And this is just one recent example of this type of cyberattack. Financial industry targeted the most by credential stuffing attacks. From 2017 to 2019, the FBI says credential stuffing attacks were the most common type of attack against the financial sector, accounting for 41% of total incidents.
Viking Line: The shipping company, like many across Europe, was the target of a DDoSattack that crippled websites and has IT teams working triple-time to get systems back online. Any industry can be affected by cybersecurity attacks, but some industries are more at risk than others.
Researchers discuss what has already happened on the cyber front of the war: "Malicious cyber-action has coincided with Russia's military forces entering Ukraine. On 23rd Feb 2022, it was reported that a wave of DDoSattacks had occurred against Ukrainian government websites and banks.
Significant investment is required to stay one step ahead of cyber-attackers, and ongoing, company-wide cybersecurity training is required for employees in our ‘work from home’ world. “In 2022, I hope to see executives finally view cybersecurity as a wise investment rather than an optional budget line-item.
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