SecureWorks: Bank Attacks Increase by 81% - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Government // Cybersecurity

SecureWorks: Bank Attacks Increase by 81%

SecureWorks announced that the number of hackers attempting to attack its banking clients is up 81% since last year

ATLANTA -- SecureWorks, the largest managed information security services provider safeguarding 1,800 clients and more financial institutions than any other vendor, announced today that the number of hackers attempting to attack its banking clients is up 81% since last year and hackers attempting to attack its credit union clients is up 62% since last year. SecureWorks blocked 167 million hacker attacks in the last 30 days.

“In June 2006 to December of 2006, we were blocking attacks from approximately 808 hackers per bank per month,” said Allen Wilson, VP of Research for SecureWorks. “Since the beginning of 2007 up until June, the average number of hackers launching attacks at each of our banks is 1,462. For our credit unions, we were blocking attacks from 1,110 hackers per credit union per month. That number has risen to 1,799 hackers per credit union per month.”

“We’ve seen the number of hackers increase year over year, as more and more criminals realize the money that can be made and the minimal risk they face in perpetrating these crimes,” said Allen Wilson, VP of Research. “Most of the hackers we see stealing financial data are located in Russia and Eastern Europe , however, we are witnessing a growing number coming out of China. These countries have large numbers of talented young people who are extremely computer literate. Challenging socioeconomic conditions , combined with a lack of computer crime legislation, makes the allure of committing low-risk, fraud- related crimes against victims on the other side of the world an appealing choice.”

SecureWorks Inc.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

Slideshows
IT Leadership: 10 Ways to Unleash Enterprise Innovation
Lisa Morgan, Freelance Writer,  6/8/2021
Commentary
Preparing for the Upcoming Quantum Computing Revolution
John Edwards, Technology Journalist & Author,  6/3/2021
News
How SolarWinds Changed Cybersecurity Leadership's Priorities
Jessica Davis, Senior Editor, Enterprise Apps,  5/26/2021
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Planning Your Digital Transformation Roadmap
Download this report to learn about the latest technologies and best practices or ensuring a successful transition from outdated business transformation tactics.
Slideshows
Flash Poll