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                No Financial Institution is Too Small for DDoS Attacks

                Learn how to prepare for and defend against the ever-present threat

                What you’ll learn:

                This white paper will address the rise of DDoS attacks in the financial services industry specifically and include 10 tips for preparing for a DDoS attack. 

                Distributed denial-of-service (DDoS) attacks are prevalent and growing, especially in the financial services industry.

                According to a Ponemon Institute survey, 64% of banking IT professionals reported a DDoS attack in 2012, and 43% expected attacks to increase in 2013.1 Yet the same survey found that only 30% of respondents said their banks are planning to implement anti-DDoS programs within the next six to 12 months.

                Threat actors can create significant havoc with a single DDoS event. A survey by Neustar indicated that more than 80% of financial services firms estimate a loss of $10,000 per hour during a DDoS-related outage. The statistics in this report amplifies the need for financial institutions of any size to develop DDoS preparedness and remediation strategies. Cyberthreat actors don’t discriminate — they target both large and small organizations and exploit weaknesses wherever they can. 

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                We generate around 2 billion events each month. With Secureworks, we are able to crunch down that number to 20-30 high fidelity alerts — and that makes my team's job much easier.
                Sunil Saale, Head of Cyber and Information Security, Minter Ellison
                With Secureworks Taegis ManagedXDR, I have the peace of mind that my environment is being monitored 24x7 and if a threat actor tries to attack Secureworks will alert me, quickly investigate, and collaborate to fully resolve before damage can be done.
                Jerry Ryan, VP of IT, We Florida Financial

                Why Secureworks?

                Secureworks (NASDAQ: SCWX) is a global cybersecurity leader that protects customer progress with Secureworks® Taegis™, a cloud-native security analytics platform built on 20+ years of real-world threat intelligence and research, improving customers’ ability to detect advanced threats, streamline and collaborate on investigations, and automate the right actions.

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