1. DDoS is most common cyber attack on financial institutions

    A distributed denial of service (DDoS) attack on HSBC’s online banking services is not unusual or surprising, according to information security experts. With financial institutions underpinning whole economies, they are a choice vertical target for an impactful DDoS attack, said Richard Brown, European director for channels and alliances at Arbor Networks. The 2015 Verizon Data Breach Investigations Report (DBIR) shows that DDoS attacks are the most common form of attack against financial services businesses, accounting for 32% of all attacks analysed in the report. And Arbor Networks’ recent Worldwide Infrastructure Security Report found that 57% of financial institutions have ...

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    1. Distributed denial of service attacks are a huge problem for organisations in all industries and of all sizes.
    2. DDoS attacks can last several days, so it is vital to have a plan in place to deal with such a threat.
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