in ,

Neustar’s Jennifer Gilmore: Financial Services Firms Bolstered DDoS Protection Systems

Neustar’s Jennifer Gilmore: Financial Services Firms Bolstered DDoS Protection Systems - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

neustarA new report from Neustar indicates that financial services firms have doubled their protection measures against distributed-denial-of-service-attacks compared to other industries.

Thirty-two percent of financial services companies are implementing services to minimize the impact of DDoS attacks, Neustar said Monday.

Jennifer Gilmore, manager of strategic offer marketing within Neustar’s financial services business, writes that site disruptions could cost $100,000 per hour for 42 percent of financial companies.

Neustar’s report also says that 55 percent of DDoS victims lost data, funds or intellectual property.

The Federal Financial Institutions Examination Council ordered the banking and finance sector in April to assess information technology systems for vulnerabilities and track Internet traffic flow in order to identify attacks, Gilmore says.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Jay Clemens

EconSys Gets FedRAMP Cloud Security Accreditation Through KCG Assessment; Elizabeth Storley Comments - top government contractors - best government contracting event
EconSys Gets FedRAMP Cloud Security Accreditation Through KCG Assessment; Elizabeth Storley Comments
Julie Felgar: Boeing, Embraer Partner on Aviation Biofuel Research - top government contractors - best government contracting event
Julie Felgar: Boeing, Embraer Partner on Aviation Biofuel Research