Press
New CUNA Technology Council white paper discusses DDoS security
MADISON, WI (September 29, 2014)— Distributed Denial of Service (DDoS) attacks have become all-too-common. As the Federal Financial Institutions Examination Council (FFIEC) described in a recent joint statement, an increased number of DDoS attacks were launched in the latter half of 2012 against financial institutions by politically motivated groups, and since then, the attacks have continued periodically, and have increased in sophistication and intensity.
A new white paper from the CUNA Technology Council, “DDos Security: Risks, Actions, Threats, and Solutions,” examines areas of vulnerability, the importance of understanding your credit union’s specific risks, DDoS trends and developing threats, the risks of inaction and a false sense of security, active management of DDoS threats, defensive best practices, and technology and operational solutions.
Every credit union should, at least, have a plan in place to deal with DDoS attacks when they happen, says Jim Stickley, CEO of Stickley on Security. Inaction will cause more problems than preparing for the event in advance.
This white paper is the third in a series of four white papers devoted to security issues in 2014.
CUNA Council members are eligible to receive complimentary copies of this, and more than 300 other white papers.
The paper is available online in the white paper section of www.cunacouncils.org.
Press may contact Natalie Sherry at nsherry@cuna.coop for a copy of the white paper.
CUNA Technology Council
Established in 1995, the CUNA Technology Council is a member-led organization made up of more than 750 credit union technology experts across the United States. The Council’s goal is to shape the advancement of credit union technology by leveraging collective peer strength through the sharing of information and fostering of professional development. The CUNA Technology Council is one of the six organizations that make up the CUNA Councils, a network of more than 6,200 credit union professionals. For more information, visit www.cunatechnologycouncil.org or www.cunacouncils.org.