The Hacker News

FEBRUARY 11, 2025

Gcores latest DDoS Radar report analyzes attack data from Q3Q4 2024, revealing a 56% YoY rise in the total number of DDoS attacks with the largest attack peaking at a record 2 Tbps. The financial services sector saw the most dramatic increase, with a 117% rise in attacks, while gaming remained the most-targeted industry.

DDOS

SC Magazine

JUNE 9, 2021

million, financial services firms are laser-focused on cloud vulnerabilities, attacks against internet-of-things devices and other prevalent threats. . The heavily regulated environment in which financial services firms operate adds a layer of complexity —?and Financial services firms increase security spend in 2021 .

Financial Services

eSecurity Planet

JANUARY 14, 2022

Distributed denial of service (DDoS) attacks can cripple an organization, a network, or even an entire country, and they show no sign of slowing down. DDoS attacks may only make up a small percentage of security threats, but their consequences can be devastating. The most recent wave happened in December 2021.

DDOS

Security Boulevard

MARCH 22, 2021

The financial services 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 DDoS Attacks appeared first on Blog.

DDOS

Security Affairs

NOVEMBER 9, 2023

The largest and oldest bank in Russia Sberbank faced the record-breaking DDoS attack that reached 1 million RPS. Sberbank , the Russian banking and financial services giant, announced that it was recently hit by a record-breaking distributed denial of service (DDoS) attack that reached 1 million RPS.

DDOS

Krebs on Security

NOVEMBER 16, 2022

financial services firm Ameriprise uses the domain ameriprise.com; the Disneyland Team’s domain for Ameriprise customers is [link] [brackets added to defang the domain], which displays in the browser URL bar as ? .” For example, one domain the gang has used since March 2022 is ushank[.]com Bank customers.

Malware

Dark Reading

FEBRUARY 15, 2021

Consumer banks, exchanges, payment firms, and card issuing companies around the globe were among those hit.

Financial Services

The Last Watchdog

SEPTEMBER 23, 2024

(“TA”), today announced it has completed its acquisition of Vercara, a leader in cloud-based services that secure the online experience, including managed authoritative Domain Name System (DNS) and Distributed Denial-of-Service (DDoS) security offerings that protect organizations’ networks and applications.

DNS

The Last Watchdog

SEPTEMBER 10, 2019

Related: How 5G will escalate DDoS attacks Caught in the pull of digital transformation , companies are routing ever more core operations and services through the Internet, or, more precisely, through IP addresses, of one kind or another. Meanwhile, DDoS attacks are renowned for causing massive outages.

DDOS

Security Affairs

SEPTEMBER 29, 2022

. “Chaos functionality includes the ability to enumerate the host environment, run remote shell commands, load additional modules, automatically propagate through stealing and brute forcing SSH private keys, as well as launch DDoS attacks.” ” reads the analysis published by Lumen Technologies. ” continues the report.

Malware

The Last Watchdog

MAY 24, 2021

billion hitting financial services organizations — an increase of more than 45 percent year-over-year in that sector. billion web app attacks last year, with more than 736 million targeting financial services. billion web attacks globally; 736 million in the financial services sector. A: Everything.

Financial Services

Security Boulevard

AUGUST 19, 2021

The post Financial Services: Web Application Attacks Grow by 38% In First Half of 2021 appeared first on Blog. The post Financial Services: Web Application Attacks Grow by 38% In First Half of 2021 appeared first on Security Boulevard. In later interviews, Sutton disclaimed the quote. Regardless, the […].

Financial Services

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors.

Ransomware

The Last Watchdog

NOVEMBER 9, 2020

Mirai ultimately was used to carry out massive Distributed Denial of Service (DDoS) attacks. IoT botnets today continue to carry out DDoS attacks and also routinely get deployed to distribute Banking Trojan malware as well as to carry out Man In The Middle (MITM) attacks.

IoT

SecureWorld News

DECEMBER 5, 2024

The findings in the report expose weaknesses in security controls that leave web applications vulnerable to severe cyberattacks, including Distributed Denial-of-Service (DDoS) and data breaches. Threat actors can exploit these gaps to launch DDoS attacks, steal sensitive data, and even compromise entire systems.

DDOS

Threatpost

MARCH 12, 2020

Researchers with Akamai say that 75 percent of all credential abuse attacks against the financial services industry were targeting APIs.

Financial Services

eSecurity Planet

JANUARY 27, 2022

Lumen, rebranded from CenturyLink in 2020, offers a broad range of services, including a professionally managed next-generation network-based firewall, IDPS, adaptive network security, UTM, DDoS mitigation, and threat intelligence. Metrics: Monitors more than 195 billion NetFlow sessions daily, and mitigates 120 DDoS attacks per day.

Firewall

SecureWorld News

SEPTEMBER 15, 2020

Between June and November 2019, a small group of cyber criminals targeted a financial services institution and three of its clients, resulting in the compromise of more than 4,000 online banking accounts, according to a credible financial source. Detecting credential stuffing attacks.

Banking

Security Boulevard

OCTOBER 16, 2024

To make matters worse, geopolitical tensions are driving a dramatic increase in Distributed Denial of Service (DDoS) attacks. In its 2024 DDoS Threat Landscape Report , Imperva revealed a 111% increase in the attacks it mitigated from H1 2023 to 2024. Individuals risk identity theft, financial loss, and privacy violations.

DDOS

Malwarebytes

MARCH 21, 2022

AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including financial services, critical manufacturing, and government facilities. Threat profile. Exchange vulnerabilities.

Ransomware

SecureWorld News

APRIL 4, 2022

The most frequent targets of leakware are hospitals, law firms, and financial services organizations. These practices will prevent leakware attacks, but they can also help enterprises avoid other common cybersecurity issues, such as distributed denial of service (DDoS), man in the middle (MitM), SQL, and password hacks.

Ransomware

Security Affairs

MARCH 14, 2022

Ongoing attacks could cause severe damages to multiple sectors, including transportation, communication, financial services, government facilities, nuclear reactors, and critical manufacturing. ” reported researchers from Cyble. Anonymous #OpRussia @GazpromEN has been taken offline in support of the people living in #Ukraine.

Risk

Thales Cloud Protection & Licensing

MARCH 6, 2024

Nearly one-third (28%) of all DDoS attacks on APIs focus on financial services organizations, the most targeted industry for this type of attack. The sheer volume of API traffic gives attackers a larger and more attractive target. billion, which is linked to the increasing volume of automated attacks on APIs.

Financial Services

BH Consulting

SEPTEMBER 14, 2021

Access denied: large-scale attack highlights DDoS risk . How good are your defences against DDoS? Two useful questions to ask after Cloudflare reported the “largest ever” distributed denial of service attack. The intended victim was a financial services company, it said. million in 2019. million in 2019.

DDOS

SecureList

SEPTEMBER 11, 2023

The gang has scored a series of resonant attacks on oil companies, financial services , government agencies and healthcare providers. Triple extortion: adding a threat to expose the victim’s internal infrastructure to DDoS attacks. The model became widespread after the LockBit gang got DDoS’ed , possibly by a victim.

Ransomware

SecureWorld News

OCTOBER 26, 2023

Viking Line: The shipping company, like many across Europe, was the target of a DDoS attack that crippled websites and has IT teams working triple-time to get systems back online. Just in the last few days, here are some companies from varying industries targeted by cyberattacks. Here are some of the most targeted industries.

Hacking

Security Boulevard

MARCH 6, 2024

Nearly one-third (28%) of all DDoS attacks on APIs focus on financial services organizations, the most targeted industry for this type of attack. The sheer volume of API traffic gives attackers a larger and more attractive target. billion, which is linked to the increasing volume of automated attacks on APIs.

Financial Services

The Security Ledger

SEPTEMBER 19, 2018

Botnets mounting credential-stuffing attacks against the financial industry are on the rise, with a more than 20-percent uptick in a two-month period, a new report from Akamai has found. Read the whole entry. »

Financial Services

CyberSecurity Insiders

DECEMBER 11, 2021

In Q3 2021, Cloudflare automatically mitigated one of the world’s largest DDoS attacks that hit a customer in the financial services industry. An insurance policy is an effective tool to articulate the impact of security choices on the financial risk of a company.

Cyber Insurance

eSecurity Planet

MAY 27, 2021

Larger organizations most targeted by advanced persistent threats (APTs) like enterprises and government agencies, financial services, energy, and telecommunications make up Kaspersky EDR’s clientele. Read our overview and analysis of Akamai’s DDoS Mitigation Solution. Also, read our Top MDR Services for 2021.

Network Security

Security Boulevard

NOVEMBER 8, 2024

The industry sector that ransomware groups hit the hardest was construction, followed by hospitals and healthcare, and by IT services and consulting. Financial services and law offices rounded out the top five.

Phishing

eSecurity Planet

OCTOBER 14, 2021

Officials with Microsoft’s Azure public cloud said the company in late August was able to stave off a record distributed denial-of-service (DDoS) attack against a European customer that originated in the Asia-Pacific region. Mitigating the DDoS Attack. DDoS an Ongoing Threat. The attack, which hit 2.4

DDOS

Security Affairs

SEPTEMBER 4, 2023

A distributed denial-of-service (DDoS) attack took the site of the German Federal Financial Supervisory Authority (BaFin) down. A distributed denial-of-service (DDoS) attack took the site of the German Federal Financial Supervisory Authority (BaFin) down for some days.

DDOS

CyberSecurity Insiders

NOVEMBER 3, 2022

Killnet hits its target through DDoS attacks and, according to Microsoft’s Threat Intelligence, has a 27% success rate in doing so. DDoS attack means a distributed denial of service attack where website/s are hit by a deluge of fake web traffic, thus, making the servers unavailable to the actual traffic.

Hacking

Krebs on Security

DECEMBER 14, 2023

Hydra trafficked in illegal drugs and financial services, including cryptocurrency tumbling for money laundering, exchange services between cryptocurrency and Russian rubles, and the sale of falsified documents and hacking services. Authorities allege Vrublevsky operated several fraudulent SMS-based payment schemes.

Cybercrime

SecureList

FEBRUARY 15, 2021

A company was told to transfer a certain amount to a Bitcoin wallet to prevent a DDoS attack that the cybercriminals threatened to unleash upon it. They promised to provide a demonstration to prove that their threats were real: no one would be able to use the services, websites or email of the company under attack for thirty minutes.

Phishing

SecureWorld News

FEBRUARY 24, 2022

On 23rd Feb 2022, it was reported that a wave of DDoS attacks had occurred against Ukrainian government websites and banks. It is also realistically possible that the financial services, energy, and oil & gas sectors in particular are under an increased risk from Russian aligned threat actors.

Banking