Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
DDoS threat landscape continues to evolve
HAGERSTOWN, Md. (8/5/14)--Distributed denial of service (DDoS) attacks are becoming more common against credit unions and banks, and a new e-book from Ongoing Operations--"Making Sense of the DDoS Threat"--details the growing cyberthreat.
 
Credit unions are challenged to protect themselves against DDoS attacks because the attackers are now going beyond website and online banking platforms to anything that uses Internet connectivity such as Voice over Internet Protocol systems.
 
The paper notes that mitigating DDoS attacks is a game of cat and mouse with ever-changing players, levels of intensity and increasing sophistication.
 
The complex and intricate DDoS attempts require a higher level of defenders--both people (highly qualified engineers) and infrastructure (traffic routing, bandwidth and hardware).
 
DDoS attacks are more than a complete outage. Two-thirds cause a degradation in the service level of the application or an external website, resulting in fraud, reputational damage, application abandonment and frustration for both members and internal staff.
 
Additionally, the e-book lays out the guidelines from the Federal Financial Institutions Examination Council and expectations for compliance from the National Credit Union Administration. (See related story: New fraud scheme involves hacking of executives' e-mail.)

To download the e-book, use the resource link.
RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
17 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
18 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
20 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
22 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
22 hours ago