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.
Regions Bank is the eighth U.S. financial institution apparently targeted by a DDoS attack believed to be waged by the hacktivist group Izz ad-Din al-Qassam. Experts say banks should brace for more attacks on the way.
The hacktivist group known as Izz ad-Din al-Qassam apparently made good on its promise to take down Capital One's online presence. So what does this latest in a series of DDoS attacks mean for other banks?