How Banks Stay One Step Ahead of Hackers

Learn how Mashreq, one of the leading financial institutions in the United Arab Emirates, countered the risk of crippling ddos attacks by planning ahead with Prolexic

In 2012, financial institutions across the globe have found themselves under an unprecedented barrage of DDoS attacks. Attacks have increased 25 percent, while malicious packet volume increased 3,000 percent between the first quarter of 2011 and the first quarter of 2012.

Facing such a potentially crippling threat, smart financial institutions have realized they cannot afford to wait for an attack, but must prepare for one now. That’s exactly what Mashreq, one of the leading financial institutions in the UAE, did.

Read the press release to find out more about the alliance between Mashreq and Prolexic.

And to find out more about why it is essential to make DDoS protection and mitigation part of your incident response plan, download our whitepaper, Plan vs. Panic.

Excerpt

“DDoS attacks are deliberate, targeted events – happening on a daily basis – that demand a preparedness plan much like homeowners preparing for hurricane season. When the hurricane inevitably hits, they don’t panic and the damage to the home is minimal because they knew what to expect. When it comes to DDoS mitigation, a playbook can be essential to a controlled, streamlined response to a DDoS attack.”

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