Banking DDoS Protection Posts

Overcoming the Cybersecurity Skills Shortage with DDoS Protection that’s Automated

By Sean Newman Corero | November 25, 2019 2019.11.25

As cyber threats continue to grow, there is also an increasing shortage of trained cybersecurity professionals to defend against those threats. When faced with the dual challenges of the cybersecurity skill shortage and the everyday threat of DDoS attacks, organizations need automated DDoS protection to ensure business continuity and security.

The Value of Traffic Analytics for DDoS Attacks

By Sean Newman Corero | November 20, 2019 2019.11.20

Distinguishing DDoS attacks from legitimate traffic, in real-time, is not easy. Many organizations have little visibility into these types of security events and when these events do occur, security analysts are typically left to react to the threats after the damage has been done. Fortunately, there are now solutions available that provide real-time, analysis needed to accurately identify any traffic flows linked to DDoS attacks.

Cyberattack on UK’s Labour Party Shows Importance of DDoS Protection

By Sean Newman Corero | November 14, 2019 2019.11.14

Britain's opposition Labour Party suffered two cyberattacks early this week, causing concern from party leaders that cyber criminals can interfere with the election process. The attack appears to be another politically motivated DDoS attack. Incidents like this clearly demonstrate the need to have DDoS protection as part of a comprehensive cybersecurity defense.

Learning from the Amazon Web Services (AWS) DDoS Attack

By Sean Newman Corero | November 05, 2019 2019.11.05

Amazon's cloud computing division AWS was hit by an eight-hour distributed denial of service (DDoS) attack on October 22, 2019. Other cloud providers and enterprises would be wise to learn from this incident and take a proactive stance to strengthen their DDoS defenses. If it can happen to AWS, it can surely happen to any organization.

MIT Sloan Management Review Says the Best Offense is a Good Defense

By Sean Newman Corero | October 18, 2019 2019.10.18

Those of us in the cybersecurity industry know the Dark Web as a sophisticated hidden marketplace. The Cybersecurity at MIT Sloan researchers recently published a review that describes the many types of cyber attacks that exist in the Dark Web marketplace as well as recommendations to stem the flow of cybercrime, which we have summarized in this blog post.

UK’s National Cyber Security Centre Issues Denial of Service (DoS) Guidance

By Sean Newman Corero | October 07, 2019 2019.10.07

The UK’s National Cyber Security Centre recently issued guidance to help organizations understand and mitigate against denial of service attacks. NCSC recommendations have good, basic information, however the guidance is lacking in that it only recommends CDN-based services and it focuses on out-scaling the attacks rather than blocking them.

Telestar Digital Radio Vulnerabilities Could Enable Another Mirai-Style Botnet

By Sean Newman Corero | September 30, 2019 2019.09.30

ZDNet recently reported that security researchers discovered serious vulnerabilities in Telestar Digital GmbH IoT radio devices that could allow attackers to easily hijack them. This potential new source of DDoS attacks highlights how important it is for manufacturers to build better security architectures into their IoT devices.

On the 20th Anniversary of DDoS, Prepare for the Future

By Sean Newman Corero | July 25, 2019 2019.07.25

July 22, 2019 marked the 20th anniversary of the world's first DDoS attacks. Since then, the nature of DDoS attacks has changed dramatically, and DDoS mitigation defenses have responded in turn. As the 5G era continues to expand, one thing we know for sure today is that DDoS attacks are a damaging problem that won’t go away in the foreseeable future.

Mirai Botnet Code Targets Corporate Networking Gear

By Sean Newman Corero | July 12, 2019 2019.07.12

Last month a report from Palo Alto Networks’ Unit 42 revealed that cyber criminals have now evolved the infamous Mirai botnet code to target corporate SD-WAN gear and recruit those assets into harmful botnets. To defend against such attacks, a security system must include comprehensive automated protections against Mirai type attack vectors.

Banks in Denial over Their Resilience to DDoS attacks

By Christine Liebert Corero | March 28, 2018 2018.03.28

Are retail and investment banks in denial about being adequately protected from the frequent advanced DDoS attacks they’re getting hit with today?

Bursts, Waves and DDoS: What You Need to Know

By Sean Newman Corero | February 28, 2018 2018.02.28

A recent Cisco report found that 42 percent of organizations experienced “burst” distributed denial of service (DDoS) attacks in 2017.

Pundits Speculate: Did Russian Hackers Launch DDoS Attacks on Dutch Organizations?

By Joy Reo Corero | February 09, 2018 2018.02.09

The Dutch national tax office said its website went offline briefly, for 5-10 minutes. Regardless of how long they were under DDoS attack, those afflicted Dutch organizations should also be concerned about a security breach.

Cyber Insurance and DDoS Attack Protection

By Joy Reo Corero | July 21, 2017 2017.07.21

This past spring American International Group (AIG), one of the largest cyber insurance companies, surveyed cyber security and risk experts to gain a deeper understanding of their views of the likelihood and impact of a systemic cyber-attack.

Increased Risks of DDoS Attacks for Ransom to Businesses

By Stephanie Weagle Corero | January 26, 2017 2017.01.26

DDoS extortion campaigns are a common tool in the cyber-threat arsenal, and one of the easiest ways for an attacker to turn a quick profit. When service availability is threatened, the victim company needs to consider the potential loss in downtime, revenues and brand damage.

Meet Corero’s Family of DDoS Mitigation Hardware

By Stephanie Weagle Corero | July 05, 2016 2016.07.05

If you’re doing research about DDoS protection solutions there are many choices out there, and it can be challenging to find the solution that best fits your organization. Learn about the pros and cons of scrubbing service vs. cloud-based mitigation vs. DDoS mitigation appliances.

What Bank Executives Need to Know about DDoS Protection

By Joy Reo Corero | June 13, 2016 2016.06.13

A recent KPMG study showed that 1 in 10 banking executives didn't know if their bank had been hacked. Bank executives need to realize how easily hackers breach networks by using Dark DDoS attacks as a smokescreen.

Anonymous Launches DDoS Attacks on Banks in "Op Icarus"

By Stephanie Weagle Corero | May 18, 2016 2016.05.18

Banks across the globe need maximum security not only for their safes and vaults, but also for their networks.

Benefits of Real-Time DDoS Protection

By Stephanie Weagle Corero | May 12, 2016 2016.05.12

If your organization is debating the merits of a DDoS protection appliance compared to a DDoS scrubbing service, this blog post offers a short explanation of the key differences between these types of DDoS solutions.

Breaking the Bank: DDoS Hackers Unleash Their Fury on Financial Institutions

By Joy Reo Corero | May 10, 2016 2016.05.10

The recent Anonymous DDoS attacks on international banks prove that financial institutions should be more proactive, rather than reactive, in handling DDoS attacks.

Survey: DDoS Attacks Cause Loss of Customer Trust & Decreased Revenues

By Dave Larson Corero | March 30, 2016 2016.03.30

We've released the results of our annual DDoS Impact Survey, which polled technology decision makers, network operators and security experts about key DDoS issues and trends that Internet service providers and businesses face in 2016. Nearly half (45%) of the survey participants indicated that loss of customer trust is the most damaging consequence of DDoS attacks to businesses. See our infographic that sums up rest of the survey results!

Introducing the Corero Virtual Edition (vNTD) Monitor – a DDoS Detection Engine

By Dave Larson Corero | March 02, 2016 2016.03.02

Last week we announced a new product: vNTD Monitor, which provides the freedom and flexibility to monitor DDoS activity in real-time against any server, application or network. This industry-leading technology provides visibility of attack traffic, intuitive analytics and alerting of DDoS attack vectors targeting a system or workload.

Financial Institutions Are Seeing DDoS Extortion Campaigns

By Linda Musthaler Corero | August 11, 2015 2015.08.11

New DDoS Warning Issued - Banking Industry Beware

By Stephen Gates Corero | April 03, 2014 2014.04.03

Watch for DDoS Attacks as a Diversionary Tactic for Other Types of Cyber Crime

By Linda Musthaler Corero | February 19, 2014 2014.02.19

Lessons Learned From the Banking Industry DDoS Attacks: Good Advice Worth Heeding

By Linda Musthaler Corero | September 20, 2013 2013.09.20

McAfee Says South Korea Is Cyber Espionage Target

By Anton Ferreira Corero | July 11, 2013 2013.07.11

FSOC: Financial Regulators Warn of Ongoing Cyber Attacks

By Dan Sher Corero | May 15, 2013 2013.05.15

New SEC Filings Show Impact Of DDoS Campaign On Banks

By Dan Sher Corero | April 15, 2013 2013.04.15

Recent Bank DDoS Attacks Reach New Downtime Levels

By Dan Sher Corero | April 05, 2013 2013.04.05

Gartner: Application Layer DDoS Attacks to Increase in 2013

By Dan Sher Corero | March 04, 2013 2013.03.04

Volumetric, blunt-force attacks will remain the primary type of Distributed Denial Of Service Attack (DDoS) in the coming year, but there will be noticeable growth in the incidence of low-and-slow application layer DDoS attacks, according to new research by Gartner.

Ponemon Study Provides Insight on Financial Sector DDoS Attacks

By Anthony Freed Corero | January 23, 2013 2013.01.23

Two-Thirds of Banks Hit by DDoS Attacks in Past Twelve Months

By Anthony Freed Corero | January 22, 2013 2013.01.22

DoD Proposes Cyber Targeted-Attack Analyzer (CAT) Program

By Anthony Freed Corero | January 18, 2013 2013.01.18

DDoS Attacks on Banks Could Continue in Perpetuity

By Anthony Freed Corero | January 15, 2013 2013.01.15

Botnet-for-Hire Likely Used in DDoS Attacks Against U.S. Banks

By Anthony Freed Corero | January 09, 2013 2013.01.09

Hacktivists Estimate DDoS Attacks on Banks to Last Another Year

By Anthony Freed Corero | January 08, 2013 2013.01.08

Weaponizing Mobile Devices for Use in DDoS Attacks

By Anthony Freed Corero | January 07, 2013 2013.01.07

Number of Banks Targeted by DDoS Attacks May Increase

By Anthony Freed Corero | January 02, 2013 2013.01.02

DDoS Attack Against Banks to Continue into the New Year

By Anthony Freed Corero | December 26, 2012 2012.12.26

Banks Bracing for Another Round of DDoS Attacks

By Anthony Freed Corero | December 18, 2012 2012.12.18

Online shopping is top DDoS attack target, application-layer techniques dominate, Kaspersky reports

By Neil Roiter Corero | March 30, 2012 2012.03.30