Verizon's latest annual breach report shows that Web application attacks increased more than malware-fueled point-of-sale intrusions in 2013, says analyst Dave Ostertag, who provides an overview of the report's findings.
A DDoS attack against Ellie Mae, which provides technologies to mortgage originators, comes just as banking regulators issue a reminder about the risks associated with such attacks. Experts offer risk mitigation insights.
Distributed-denial-of-service attacks are a concern for all organizations. But financial institutions face unique challenges, and so they require a unique level of protection, says Mark Byers of Fortinet.
Social networking site Meetup has been facing ongoing DDoS attacks. It received a notification the attacks would continue unless it paid a fee, which highlights the rising concern of extortion tied to DDoS.
Fraudsters continually find new ways to attack, but too many organizations rely on old, unsuccessful methods to detect and prevent fraud. This is the premise, says David Mattos, VP Sales, with Easy Solutions.
While massive DDoS attacks were dominant in 2013, this year, smaller application-layer attacks going after such things as log-in pages and password files are far more common, says Rich Bolstridge, chief strategist, financial services, at Akamai Technologies.
Website security firm CloudFlare is warning organizations worldwide to be on the lookout for an increase in larger DDoS attacks. But these NTP attacks are far less sophisticated than the earlier DDoS attacks that targeted U.S. banks.