Security News > 2020 > February > Fraudulent Login Attacks Against Banks Surge: Akamai
2020-02-21 11:57
On August 7, 2019, a single credential stuffing attack against a financial services company recorded 55,141,782 malicious login attempts.
The majority of API attacks against finserv was negligible for much of the two years covered by the analysis, but suddenly spiked to more than 80% of all malicious login attempts in May 2019, and to more than 75% in October 2019.
Criminals aren't limiting their attacks to fraudulent login attempts.
In the same two-year period, Akamai detected 7.96 billion attacks across all sectors, with 662.57 million attacks against finserv.
SQL injection attacks account for 72% of all attacks, but only 36% of the finserv attacks.