What’s the best first step for CISOs when they have just started at a business? If you follow the NIST cybersecurity framework, and many other recommended processes, that step is to IDENTIFY.
According to Gene Abramov, CEO of US-based Depth Security “A new CISO needs to understand what the real-world security posture of the organization is.
more →We recently looked at the many types of hackers, but now we take a closer look at which of hacker tends to perpetrate DDoS attacks and why they use this method.
DDoS attacks are one of the oldest types of cyberattacks, but they have still seen a massive growth recently.
more →This month we are sharing a blog from our security partner Radware that takes a look at recent attacks on the financial services industry.
Over the last few weeks, Radware has been tracking a significant Credential Stuffing Campaign targeting the financial industry in the United States and Europe.
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DDoS (distributed denial of service) tests are a great way to identify any problems you may have in local or cloud-based mitigation. By simulating a real DDoS attack, you can see how malicious actors could infiltrate your systems and carry out a DDoS attack or perpetrate a data breach.
There are numerous different ways to launch a DDoS test;
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According to the Global Cybersecurity Status Report conducted by ISACA International in 2015, just 38% of global organizations claim they are prepared to handle a sophisticated cyber-attack. This scarily small figure shows just how at risk we are. Cyber-attacks are becoming increasingly common; a 2017 Malwarebytes report found that the frequency of ransomware attacks alone has increased by nearly 2000% in the past 2 years.
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How can banks protect themselves from DDoS attacks?
Distributed Denial of Service (DDoS) attacks in all sectors are becoming increasingly frequent; a 2018 study by Link11 found there were on average 102 attacks per day between April and June of this year. For banks, in particular, this is a worrying statistic due to the sensitive nature and sheer volume of private customer credentials they hold in their systems.
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In the modern cyber threat landscape, distributed denial of service (DDoS) attacks are something witnessed all too often. They’ve been around for over 30 years now, wreaking havoc on systems and threatening every site on the Internet.
With the development of artificially intelligent technology, the frightening fact of the matter is that malicious actors will start to utilize artificial intelligence (AI) more and therefore DDoS attacks will become harder to defend against.
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A WAF, standing for a Web Application Firewall, serves the purpose of protecting one or more web applications from being breached. They are widely deployed amongst businesses to help keep company records and customer information secure. Gartner notes that customers characterised WAFs as regularly being ‘frustrating’ and ‘a disappointment’. As the web becomes more complex, it’s becoming increasingly difficult for hardware vendors to meet existing and evolving requirements, such as moving web applications to cloud infrastructure (IaaS).
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