DDoS attacks against U.S. banks have increased in number and magnitude in recent years. Banks have made improvements in their ability to mitigate effects of DDoS strikes against them. But institutions are still struggling to keep up with the technological and staffing investments needed to mitigate ongoing DDoS risks. Financial institutions have the potential to lose approximately $100,000 per hour, because of downtime-related costs and possible fraud, during a DDoS attack, an expert says. DDoS is increasingly being waged as a distraction to mask fraud that’s taking place in the background.”]
Source: https://www.databreachtoday.com/ddos-attacks-against-banks-increasing-a-8497