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Cyber threats for banks

Myra protects German banks from massive wave of DDoS attacks

attack traffic
attack traffic

After numerous administrative portals of German cities were hit by a coordinated DDoS attack campaign at the end of April, cybercriminals shifted their attacks to German banks and financial service providers in recent days – several Myra Security customers were also affected by the wave of attacks.

Over a period of more than 16 hours, cyber actors attacked the financial institutions' systems in several waves. The attackers used various methods and vectors, including Slowloris, and targeted different network layers. During this period, Myra's protection systems blocked more than 240 million requests, preventing critical infrastructure from being overwhelmed.

Thanks to certified security technology and the expertise of the team, all affected financial services were kept available and performing at all times. The attacks were detected and repelled on all relevant network layers. Automated processes enabled an immediate response to the changing attack patterns.

Christof Klaus, Director Global Network Defense

"Our defense systems took fully automatic action against the attackers and blocked their attacks on all relevant network layers. The complexity of the attacks was particularly striking: among other things, the attackers used Slowloris as an attack vector. This involves opening numerous connections to a web server and keeping them open for as long as possible. This gradually exhausts server resources without the attack being noticed due to unusually high bandwidth – legitimate traffic is effectively blocked, while the attack remains difficult to detect for traditional protection mechanisms. Our multi-layered defense mechanisms also identify these low-and-slow attacks at an early stage and initiate mitigation before the availability of the targeted services is compromised."
 

Christof Klaus, Director of Global Network Defense at Myra Security

"Our defense systems took fully automatic action against the attackers and blocked their attacks on all relevant network layers. The complexity of the attacks was particularly striking: among other things, the attackers used Slowloris as an attack vector. This involves opening numerous connections to a web server and keeping them open for as long as possible. This gradually exhausts server resources without the attack being noticed due to unusually high bandwidth – legitimate traffic is effectively blocked, while the attack remains difficult to detect for traditional protection mechanisms. Our multi-layered defense mechanisms also identify these low-and-slow attacks at an early stage and initiate mitigation before the availability of the targeted services is compromised."
 

Christof Klaus, Director of Global Network Defense at Myra Security

Christof Klaus, Director Global Network Defense

The latest wave of attacks underscores the importance of powerful protection mechanisms for critical infrastructure such as the financial sector. By continuously optimizing our protection technology, Myra ensures that our customers' business operations run smoothly – even in the face of complex and prolonged attacks.

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