NETSCOUT Threat Intelligence Report
Vital Pandemic Industries Foster Unprecedented DDoS Attack Activity
Netscout today announced findings from its bi-annual Threat Intelligence Report, punctuated by a record-setting 10,089,687 Distributed Denial of Service (DDoS) attacks observed during 2020. Cybercriminals exploited vulnerabilities exposed by massive internet usage shifts since many users were no longer protected by enterprise-grade security. Attackers paid particular attention to vital pandemic industries such as eCommerce, streaming services, online learning, and healthcare generating a 20% year-over-year increase in attack frequency over 2019 plus a 22% increase in the last six months of 2020. In August, a threat actor Netscout dubbed Lazarus Bear Armada (LBA) launched one of the most sustained and extensive DDoS extortion campaigns yet seen, taking down the New Zealand stock exchan...
Security and Service Assurance Must Rule Financial Services as Threat Actors Remain Relentless
Risna Steenkamp, General Manager: ESM Division at Networks Unlimited Africa The rise of the pandemic last year meant that corporates around the globe had to embrace a highly dispersed, virtualised environment to keep the wheels of business turning. This is now changing the way that banks need to move forward, with both their security as well as their service assurance. So says Darren Anstee, Chief Technology Officer for security at NETSCOUT, a leading global provider of service assurance, security and business analytics. He explains that, at the start of 2020, digital transformation in the financial services sector was already well underway, and the intervening year has only accelerated this transformation. Writing in a recent blog, he notes that, “The COVID-19 lockdown shut branches, forc...
