Distributed Denial-of-Service (DDoS) attacks are not a new method employed by cyber criminals to inflict damage on victim entities’ networks. In fact, DDoS attacks were one of the first types of online crimes to appear in the dawn of the Internet age. In the past several years, however, cyber threat actors have rekindled this attack to produce two new variants, both of which specifically target the financial services sector. Attorneys from our Security Incident Management and Response Team have drafted a Cyber Alert that provides background on these events, some of the regulatory and governmental context and helpful tips for those addressing these issues. To read the complete alert, please visit here.
Written by Kimberly Peretti, Partner, Security Incident Mangement & Response Team and Maki DePalo, Associate, Privacy & Data Security | Alston & Bird LLP