DDoS attacks on financial sector treble

Financial services firms were targeted by three times as many distributed denial-of-service (DDoS) attacks in the first quarter of 2012 than in the previous three months, a study has revealed.

There was also a 3,000% increase in malicious packet traffic, according to the latest Quarterly Global DDoS Attack Report by security firm Prolexic Technologies. The company mitigated more attack traffic in the first quarter of 2012 than it did in the whole of the previous year.