More than 100 financial services firms across multiple countries were targeted in a wave of ransom distributed denial-of-service (DDoS) attacks conducted by the same threat actor in 2020.
The attacks moved in methodical fashion across Europe, North America, Latin America, and Asia, hitting dozens of organizations in the financial sector in each region, the Financial Services Information Sharing and Analysis Center (FS-ISAC) disclosed this week. Among those targeted were banks, exchanges, payments companies, card issuers, payroll companies, insurance firms, and money transfer services.