Eversheds Sutherland Cybersecurity and Privacy Insights Blog
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FINRA Warns Broker-dealers About Increase in Denial-of-service Attacks

FINRA warned broker-dealers last week that several FINRA members have recently been the victims of distributed denial of service (DDoS) attacks from a criminal group known as DD4BC. (In general terms, a DDoS attack bombards a target website with messages in an effort to make the site unavailable to legitimate users.) According to FINRA, DD4BC first sends its target a ransom request for...