Research from Woburn Mass.-based cybersecurity firm Kaspersky Lab found almost 40% of surveyed businesses, including financial institutions, are not confident about protecting themselves against threats like DDoS and targeted attacks.
The 2016 Kaspersky Lab Corporate IT Security Risks annual survey asked more than 4,000 representatives of small, medium and large businesses from 25 countries about dealing with IT security and real incidents. The survey found a lack of knowledge and protection is putting all types of businesses across the globe at risk.
A DDoS attack occurs when many compromised systems attack a single target. The result is denial of service for users of the targeted system.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
