Time for Banks to Reassess Their Risk of DDoS Attacks

Presented by

Tom Bienkowski, Director of DDoS Product Marketing, Arbor Networks

About this talk

A study by McKinsey suggests the increased operational risk of digital innovation threatens 6% of the net profit for a retail bank. Renowned hactivist group Anonymous’ OpIcarus; a Distributed Denial of Service (DDoS) attack siege on the world’s banking infrastructure and other well publicized successful attacks have exposed just how vulnerable banks are to such threats. The reality is modern day DDoS attacks are getting more frequent, more sophisticated, and are commonly used as a distraction during the data exfiltration stage of advanced threat campaigns. The unfortunately reality is that in many cases, these attacks succeed because the targets were simply inadequately prepared to stop them. Join this webcast to learn: •The latest trends in DDoS attacks. •Commonly overlooked costs due to DDoS attacks. •And best practices in DDoS attack defense.
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