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APAC Financial Sector Top Target for Volumetric DDoS Attacks in 2024, Report Finds
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13 Articles
FS-ISAC and Akamai Technologies have published their annual report. It analyzes the strategic threat posed by the increasing number and complexity of DDoS (Distributed Denial of Service) attacks and their impact on customer trust, operations, and profitability in the financial services sector. The report, "From Nuisance to Strategic Threat: ...," was published in the German version of the article. The article "DDoS-for-Hire & API Floods: How it …
DDoS attacks surge in APAC financial sector, report shows
A report from the Financial Services Information Sharing and Analysis Center (FS-ISAC) and cybersecurity company Akamai Technologies Inc. shows that financial institutions in the Asia Pacific (APAC) region experienced the highest number of distributed denial-of-service (DDoS) attacks in 2024. The region accounted for 38% of all volumetric DDoS attacks worldwide, a significant jump from 11% […] The post DDoS attacks surge in APAC financial sector…
A new report by the non-profit organization FS-ISAC in cooperation with cybersecurity company Akamai Technologies highlights the changing threat situation for financial institutions through so-called distributed-denial-of-service attacks (DDoS). Accordingly, the financial industry is increasingly targeting complex and targeted attacks that go far beyond traditional network overloads. From disruptive factor to strategic threat According to the an…
APAC financial sector top target for volumetric DDoS attacks in 2024, report finds
SINGAPORE: Asia Pacific’s financial sector has been the top target for volumetric Distributed Denial-of-Service (DDoS) attacks, which overwhelm servers or networks with sheer traffic to slow or make them fail, accounting for 38% of all volumetric DDoS attacks in 2024, up from just 11% the year before, according to a joint report by FS-ISAC and […] The post APAC financial sector top target for volumetric DDoS attacks in 2024, report finds appeare…
FS-ISAC and Akamai Reveal 245% Year-on-Year Surge in DDoS Attacks Targeting APAC Financial Sector
Joint report reveals rise in sophisticated, persistent DDoS attacks threatening trust and resilience across Asia Pacific’s financial sector FS-ISAC, the member-driven global cyber intelligence sharing community for financial services, and…
Financial Services is the Top Target for DDoS Attacks in Asia
Cyberattacks, such as distributed denial-of-service, are on the rise with the financial sector being the top target for hackers, according to a report by FS-ISAC. The financial services sector in Asia Pacific was the most targeted for volumetric DDoS attacks — distributed denial-of-service attacks where a server is flooded with internet traffic to prevent access by normal users – according to a report by cybersecurity non-profit organization FS-…
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