Denmark’s central bank and seven private banks, including Jyske Bank and Sydbank, have been hit. Distributed Denial of Service (DDoS) attacks interrupted operations this week.
according to Reutersa spokesman for the central bank said its website was functioning normally on Tuesday afternoon. No other systems or routine operations were reportedly affected.
However, access to the aforementioned private bank’s website was affected and was temporarily restricted on Tuesday following the DDoS attack on Bankdata.
“The recent DDoS attacks against the Danish central bank and IT partners have once again proved that the financial services industry is a prime target for cybercriminals. VMware.
“According to our data, nearly two-thirds of financial institutions are experiencing an increase in disruptive attacks aimed at destroying data and dismantling subnets in this sector.”
At the same time, security experts added that the main motivation for the attack on the Danish banking industry appears to be disruption affecting the day-to-day operations of businesses and society as a whole.
“As the financial industry continues to face increasing risks of attacks, from DDoS to ransomware to island hopping, these institutions plan to increase their cybersecurity budgets by more than 30%.”
Security Engineer Amit Sharma said: synopsis The Software Integrity Group agreed with McElroy’s point, adding that it is impossible to prevent DDoS attacks without proper defenses.
“Implementing a professional solution is one way forward, but so is monitoring your own traffic. Trend analysis of traffic patterns, shift characteristics and trends is another proactive method,” said Sharma. Information security.
“It is also important for organizations to include a backup plan or Plan B in their defensive strategy to restore the application to a healthy state in case of an incident.”
Attacks on the Danish central bank and IT partners Significant increase in DDoS attacks For organizations around the world.