DDoS attacks on U.S. banks and credit unions have resumed, just as industry experts predicted. Security specialist Bill Stewart says this wave is yet another sign that institutions must bolster defenses.
Distributed-denial-of-service attacks are not new, but they are being taken more seriously as a threat to network security and data protection, especially by financial-services, says Ashley Stephenson of Corero Network Security.
Malware, DDoS and mobile security aside, one of the biggest risks is organizations' lack of visibility into specific threats. Don Gray of Solutionary explains the need for actionable threat intelligence.
Although hacktivists announced suspension of DDoS attacks against banks, other industries are now getting hit, and banks can't afford to get complacent because of the fraud risk, says security specialist Bill Stewart.
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.
Hacktivists on Jan. 22 threatened more DDoS attacks against U.S. banks and claimed they recently hit three institutions. Despite banks' improvements in staving off online outages, the longevity of the attacks is concerning, experts say.
It's not malware, crime rings or hacktivists. What, then, are among the threats that concern security leaders most? CISO Tom Newton offers new insight on today's top threats and strategies to combat them.