Distributed-denial-of-service attacks jumped significantly in 2012. And it's not just banking institutions that are victims, Verizon finds in its just-released Data Breach Investigations Report.
U.S. banking institutions are reluctant to acknowledge - much less discuss - ongoing DDoS attacks. But in recent regulatory statements, the nation's largest banks are candid about DDoS and its impact.
History shows that DDoS phase 3 may end soon, and banking institutions can expect an even more powerful 4th wave. "There is little reason for the attacks to cease," says Javelin's Al Pascual.
When struck by DDoS, how - and what - should banking institutions communicate with their customers? Doug Johnson of the American Bankers Association advises on post-attack disclosure obligations.
The attackers' so-called Brobot, which on March 12 struck six banks, is growing, experts say. Yet only a fraction of the botnet's capabilities has been used. What else do the latest attacks reveal?
As distributed-denial-of-service attacks on banks continue, a U.S. electric utility also reportedly is a DDoS victim. Is this a sign that hacktivists are broadening their targets? Experts offer analysis.
Hacktivists have formally launched their third wave of distributed-denial-of-service attacks on U.S. banking institutions, and their botnet is growing. How should institutions prepare to defend?
U.S. banks have been hit by a new wave of distributed-denial-of-service attacks, and experts say the botnet behind the attacks is getting stronger. Learn about the latest developments.
The hacktivist group Izz ad-Din al-Qassam Cyber Fighters warns that DDoS attacks against U.S. banks could resume soon. What tips do security experts offer for DDoS detection and response?
Although a hacktivist group says it has suspended distributed-denial-of-service attacks on U.S. banking institutions, banking and security leaders aren't convinced. "Banks should certainly remain on guard," says Gartner's Avivah Litan.
The hacktivist group Izz ad-Din al-Qassam Cyber Fighters announced Jan. 29 that it is suspending its second campaign of DDoS attacks against U.S. banks. Learn why the group is ending the campaign.
How are banks responding to DDoS phase 2? "From a technology standpoint, we have improved our defenses quite a bit," says Dan Holden of Arbor Networks. Experts discuss top DDoS lessons banks have learned.
Which fraud trends need the most attention from U.S. banking institutions in 2013? Distributed-denial-of-service attacks and account takeover, says FS-ISAC's Bill Nelson, who offers fraud-fighting tips.
U.S. banks are improving efforts to thwart distributed-denial-of-service attacks. But they're struggling to find the balance between informing customers and giving attackers too much publicity.
The hacktivist group Izz ad-Din al-Qassam Cyber Fighters claims that its second phase of distributed-denial-of-service attacks has affected nine banks since Dec. 11, and it warns more attacks are on the way.
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