Tomcat
Professional
- Messages
- 2,689
- Reaction score
- 949
- Points
- 113
54% of all cyber attacks are directed at the financial and technological sector.
According to a report from Qrator Labs, while the overall number of app-level attacks decreased by 22% in the first quarter of 2024, they still pose a serious threat to businesses. This is especially true for the financial and technology sector (fintech), which remains the main target of cybercriminals-it accounts for 54% of all recorded incidents.
Banks were the most vulnerable element in the fintech industry. Almost 30% of L7 level attacks occurred on them. Payment systems and insurance companies also faced a significant number of threats – 9.8% and 8.71%, respectively.
The highest rates of attack intensity in the first quarter were recorded in the banking segment. The leader in the number of requests per second (RPS) was a multi-class attack with a peak frequency of 220 thousand requests per second. In addition, in the same segment, an attack was recorded with a record number of devices involved – 243,879, as well as the longest continuous attack lasting 21 hours.
The rapid development and strategic importance of the financial technology sector makes it extremely attractive to cybercriminals. Every year, the methods of attacks become more complex and targeted, which requires companies to strengthen security measures.
According to a report from Qrator Labs, while the overall number of app-level attacks decreased by 22% in the first quarter of 2024, they still pose a serious threat to businesses. This is especially true for the financial and technology sector (fintech), which remains the main target of cybercriminals-it accounts for 54% of all recorded incidents.
Banks were the most vulnerable element in the fintech industry. Almost 30% of L7 level attacks occurred on them. Payment systems and insurance companies also faced a significant number of threats – 9.8% and 8.71%, respectively.
The highest rates of attack intensity in the first quarter were recorded in the banking segment. The leader in the number of requests per second (RPS) was a multi-class attack with a peak frequency of 220 thousand requests per second. In addition, in the same segment, an attack was recorded with a record number of devices involved – 243,879, as well as the longest continuous attack lasting 21 hours.
The rapid development and strategic importance of the financial technology sector makes it extremely attractive to cybercriminals. Every year, the methods of attacks become more complex and targeted, which requires companies to strengthen security measures.
