DDoS Attacks Triple in Financial Services Industry: Rising Threats

The financial services industry saw nearly triple the number of distributed denial-of-service (DDOS) attacks during the first three months of this year compared to the same period last year, according to a report released Wednesday. The new data comes from security vendor Prolexic, which counts ten of the world's major banks as clients for its DDOS mitigation services. In its report, the company said DDOS attacks also rose in intensity, with increases in both bandwidth and packet-per-second rates.

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