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                White Papers

                No Financial Institution is Too Small for DDoS Attacks

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

                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
                Red Cloak™ Threat Detection and Response isn’t just the next generation of SIEM, it’s an evolution.
                David Levine, CISO, Ricoh Group

                Why Secureworks®?

                The old approaches to cybersecurity are no longer adequate. It’s time for something new. Layered defenses can create almost as many problems as they solve, and security teams struggle to keep up with the threat. What you need is context across all your layers of defense with the right people, processes, and technology working together in concert. That’s how Secureworks can help. Using 20+ years of industry knowledge, advanced analytics, industry-leading threat intelligence, and the network effect of more than 4,000 customer environments, we provide world-class cybersecurity solutions to customers around the globe. This unmatched experience empowers our customers to be Collectively Smarter. Exponentially Safer.™

                Our Managed Detection and Response (MDR) solution is comprehensive, powered by our cloud-native software Red Cloak™ Threat Detection and Response that uses AI and machine learning to deliver better outcomes for your security operations. MDR unifies telemetry from your existing security technology to maximize visibility, reduce complexity, and enable you to move at the speed of the threat. Learn more about how Managed Detection and Response uses contextualized visibility to improve your organization’s security posture.

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