June 23, 2021

Financial Services Continues Getting Bombarded with Credential Stuffing and Web Application Attacks

CAMBRIDGE, Mass., May 19, 2021 /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the world’s most trusted solution for protecting and delivering digital experiences, today published the State of the Internet / Security report: Phishing for Finance. The report provides an analysis of both global and financial services-specific web application and credential stuffing attack traffic — revealing significant increases across the attack surfaces year over year from 2019 to 2020.

The report also features a collaboration between Akamai and WMC Global researchers that examined two specific phishing kits: ‘Kr3pto’ and ‘Ex-Robotos’. Kr3pto has targeted customers of 11 UK banking brands, and Ex-Robotos has aimed its scams at corporate employees.

By The Numbers

In 2020, Akamai saw 193 billion credential stuffing attacks globally, with 3.4 billion hitting financial services…

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