Two-thirds of Banks Hit By Distributed Denial of Service Attack in Past Twelve Months Finds Research
More than two thirds (64%) of IT & IT security practitioners reported that their banks have suffered at least one Distributed Denial of Service (DDoS) attack in the last 12 months, according to independent research commissioned by Corero Network Security (CNS: LN), a leading provider of network and application layer DDoS defense products.
Sixty four per cent of IT & IT security practitioners report that their banks have suffered at least one Distributed Denial of Service (DDoS) attack in the last 12 months, according to research commissioned by Corero Network Security.
Since Operation Ababil began, the websites of banks such as CitiGroup and Wells Fargo have faced periodic bombardment from attackers.
Hudson-based Corero Network Security, global provider of Distributed Denial of Service (DDoS) defense, announced that Zacks Investment Research selected Corero’s First Line of Defense solution to protect itself from DDoS attacks and other unwanted traffic hitting its network.
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Advanced, persistent threats (APT's) have become increasingly common not just to U.S. banks, but small and medium-sized businesses as well.
The recent wave of distributed denial-of-service (DDoS) attacks against U.S. banks is yet another entry on the list of examples of DDoS being used as a tool for protest.
What is the number one biggest threat or the fastest growing cyberthreat that people can expect to see in 2013?
PNC, Bank of America, and SunTrust suffered site slowdowns, outages after threats of DDoS attacks from Islamic hacker group
"These hacktivists are showing no signs of backing down and -- by publicly declaring their targets -- are apparently becoming more emboldened," said security expert Stephen Gates. "Couple this open display with the ever-evolving nature of this type of attack...and these financial institutions must up their game."
An Islamic group believed to be responsible for a series of cyberattacks against U.S.-based banks and financial institutions appears poised to renew its attacks
In the days after the election, I saw a headline from The Onion making the social media rounds that read, “Nation Horrified To Learn About War In Afghanistan While Reading Up On Petraeus Sex Scandal.”
In a Pastebin message posted on Monday, a group called Izz ad-Din al-Qassam Cyber Fighters warned it would launch a series of distributed denial of service (DDoS) attacks.
After an almost one-month hiatus, five U.S.-based banks, U.S. Bancorp, JPMorgan Chase, Bank of America, PNC Financial Services Group, and SunTrust, are again being targeted for a series of denial of service (DoS) attacks.
For the past 25 years, the firewall has been the bastion of cyber security. It used to function like a charm, creating the definitive divide that separated the unknown (the Internet) from the known (the network), preventing any malicious entrants and keeping networks safe from all harm.
Now that Turkey Day is finally passed, it’s time to fix yourself a Thanksgiving Sandwich and fire up the old computer to snag the latest deals on one of the fastest-growing shopping holidays around, Cyber Monday.
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Yes, I know that the stores already have Christmas items on the shelves and holiday shopping commercials have already hit the airwaves.
Defending against cyberattacks accounts for a significant portion of the $25 billion banks worldwide spend annually on security technology
The types of distributed denial of service attacks launched recently against banks including Bank of America, JPMorgan Chase, Wells Fargo and U.S. Bancorp are hard, but not impossible, to thwart, experts say.