Credential stuffing attacks target financial services

A new report from cloud delivery company Akamai reveals that the financial services industry has become a prime target for credential stuffing botnets. Between May and June 2018, Akamai detected more than 8.3 billion malicious login attempts. However, many botnets attempt to remain in stealth mode for as long as possible. The report highlights two attacks on financial services sites. One botnet attack caused a major financial company's login attempts to spike from an average of approximately 50,000 an hour to over 350,000 in one afternoon. The other saw a credit union attacked by three botnets at the same time,… [Continue Reading]