Huge DDoS attack against US financial institution thwarted

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Huge DDoS attack against US financial institution thwarted
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Akamai reckons traffic flood peaked at 55.1 million packets per second

against the same Eastern European organization, which Akamai declined to name or even specify the industry due to safety concerns.against one of its Asia-Pacific customers. This network flood hit 900.1 Gbps and 158.2 Mpps at its peak.For the record: in Februaryto have blocked the single largest ever DDoS event on record that soared to more than 71 million requests-per-second.

But, of course, records are made to be broken and there is undoubtedly a botnet waiting in the wings to set a new network tsunami surge.that they don't know which cybercrime gang or botnet is behind this latest DDoS incident. They did note, however, that such traffic floods intended to take out banking websites and business are on the upswing.

Historically, only between 10 and 15 percent of these types of attacks have targeted banking customers. Typically, tech firms, gaming companies, media/entertainment and internet/telecom providers bear the brunt of these security events. "However, since 2021, there has been a distinct and noticeable surge in the number of DDoS attacks" aimed at financial institutions, according to Sparling and Rath.

"In fact, over the past four quarters, more than 30 percent of the DDoS attacks have been aimed at financial services companies," they added.

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