Financial Services
Historically, DDoS attacks on financial organizations have focused on extortion and adding legitimacy to phishing campaigns. Today, cyber-criminals are launching increasingly diverse and sophisticated attacks that enable them to do more damage and extract more revenue per attack, while reducing levels of risk.
Attackers targeting the Internet sites of financial services firms [banks, credit card companies, payments processors] have one overriding objective: to cause chaos by disrupting key public services including payment processing and intra-bank links. Attackers are also beginning to experiment using DDoS attacks to manipulate markets. Firms experiencing DDoS attacks are potentially exposed to extremely large losses in earnings, capital, productivity, brand value, and consumer confidence if they suffer a debilitating DDoS attack – especially if that attack lasts for days. Increased claims of negligence and possible shareholder lawsuits are real possibilities.
Recently enacted legal and regulatory legislation across global markets mandates the need for online financial institutions to proactively address risks and vulnerabilities related to cyber-attacks. The requirements passed along to local, regional, national, and global banks, investment businesses, and other enterprise businesses to prevent losses and to minimize the potential exposure to cyber-attacks illustrates that the risk of financial loss and of non-compliance is now greater than ever before.
Prolexic provides an effective, carrier-agnostic solution that does not require decryption of confidential data to protect global Internet assets of financial services firms against DDoS attacks. In fact 6 of the world’s largest 10 banks trust Prolexic to keep their business operational and available when under DDoS attack. The bottom line for financial services firms: Prolexic’s solution will reduce regulatory and legal risks from operational disruptions.
Why financial services firms choose Prolexic
- Prolexic customers remain online before, during, and after DDoS attacks
- On-demand mitigation services have a minimal effect on customer traffic
- Remote monitoring services (optional) enable Prolexic to detect potential attacks before they have any effect on your clean traffic
Read how we have helped leading businesses overcome DDoS attacks in minutes.
