Tag: Threats
Companies like Uber, Airbnb, PayPal, and others with platform business models have flourished in the past few years by matching up service providers (such as restaurants and drivers) to consumers and hiding the complex, behind-the-scenes processing (like payments) from users The rapid adoption of this business model has brought it into the cross hairs for…
Read MoreAPIs and Sectors As more APIs are published, both by large enterprises who want to make their data more available (such as Google) and by smaller, industry-specific organizations hoping to generate value, some interesting industry patterns are also emerging. Of the organizations for which we had sector information, social networking organizations made up the largest…
Read MorePassword login attacks, especially credential stuffing attacks, are still one of the most common cyberattacks on the Internet. F5 Labs and Shape Security extensively looked at the patterns and trends associated with credential stuffing in the 2021 Credential Stuffing Report. In part 2 of this series on credential stuffing tools and techniques, we dive deeper…
Read MoreSo How Good Are Sectors for Predicting Risk? Based on these analyses, it appears that the answer is “not bad, but it depends.” On one hand, we can identify specific patterns that seem to map to characteristics about those sectors. We already knew that the Retail Trade sector is heavily targeted by attacks that are…
Read MoreF5 Labs in collaboration with Effluxio researches global attack traffic to gain a better understanding of the cyberthreat landscape. In this installment of regional threat analysis, F5 Labs researchers break down the data collected by our sensors on attacks targeting Latin America from January 1 through March 31, 2021. Cyberattacks happen in many forms, but…
Read MoreCredential stuffing sounds simple: attackers test stolen usernames and passwords across sites to see what works. After the hype and complexity of vulnerabilities like Heartbleed and Spectre, password reuse seems easy to dismiss. This has caused credential stuffing to become the most underrated attack of the 2010s and it hints at the future of application…
Read MoreThe Largest DDoS Attack of 2021 So Far The largest attack the SOC team encountered over the past 15 months came in February 2021 and targeted a technology company that provides information security services for gaming and gambling organizations. The onslaught peaked at 500 Gbps, or half a terabit per second. Threat actors, possibly disgruntled…
Read MoreA wide variety of organizations fall under financial services, including banks of varying sizes, credit unions, insurance companies, government-sponsored financial institutions, stock exchanges, investment funds, payment processors, consumer finance lenders, brokerages, and companies that service the financial sector. We’ll look at all of these and note the differences in the data, starting with the largest…
Read MoreCyberattacks at Banks and Financial Services Organizations, and a Look at Open Banking | F5 Labs
- by nlqip
Cyberattack Incidents at Financial Services Companies Like payment processors, financial services companies are private companies that serve the financial sector by providing data processing for banks, credit unions, and other financial institutions. They can perform loan analyses, credit ratings, check printing, data storage, or analytics. Basically, they provide any outsourced service except payment processing (the…
Read MoreThe sector with the largest single attack in 2021, however, was ISP/Hosting, which saw attacks peak at 1.4 Tbps. Where DDoS Attacks Come From Denial-of-service attacks are most frequently launched from compromised servers or consumer devices, such as Internet-of-Thing (IoT) products and broadband routers. In producing this report, we made use of data not only…
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