June 23, 2021
Business

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…

Read full article here: www.prnewswire.com