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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
                Taegis™ XDR isn’t just the next generation of SIEM, it’s an evolution.
                David Levine, CISO, Ricoh Group

                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.