DDoS Drama: Financial Sector Under Siege in 2024!
DDoS attacks are going from basic to brainy, now targeting the financial sector with all the precision of a cat burglar in a laser maze. With a 58% rise in API attacks, it’s like cybercriminals are swapping their crowbars for stethoscopes to listen in on financial heartbeats.
Hot Take:
Well, folks, it seems that cybercriminals have swapped their black hats for financial calculators as they target the piggy banks of the world. Who knew that the modern-day bank heist would involve a Wi-Fi password and a cup of coffee instead of masks and getaway cars? Hold onto your wallets, because it looks like the cyber scene just got a whole lot more interesting in the financial sector!
Key Points:
- FS-ISAC and Akamai report a rise in DDoS attacks targeting the financial sector.
- DDoS attacks in 2024 showed a 23% increase in targeting financial application layers.
- API-targeted assaults spiked by 58% from 2023 to 2024.
- Asia Pacific witnessed a significant rise in volumetric DDoS attacks, commanding 38% in 2024.
- FS-ISAC and Akamai offer a DDoS Maturity Model to improve financial institutions’ defenses.
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