DDoS attacks made up 25 percent of the cyber incidents submitted to the UK's Financial Conduct Authority in the first half of 2022, compared to just four percent in 2021. Analysis by attack simulation specialist Picus Security of information obtained from the FCA under a freedom of information request shows the rise also coincides with a reported increase in DDoS for hire websites and ransomware operators using DDoS as a tactic to pressure and extort money from targets. Picus believes the primary reason for the significant increase in DDoS attacks is UK finance firms being targeted by nation-state attackers and… [Continue Reading] >> Read More