Financial Services Continues Getting Bombarded with Credential Stuffing and Web Application Attacks
Akamai Technologies published the State of the Internet / Security report: Phishing for Finance. The report provides an analysis of both global and financial services-specific web application and credential stuffing attack traffic — revealing significant increases across the attack surfaces year over year from 2019 to 2020.
The report also features a collaboration between Akamai and WMC Global researchers that examined two specific phishing kits: ‘Kr3pto’ and ‘Ex-Robotos’. Kr3pto has targeted customers of 11 UK banking brands, and Ex-Robotos has aimed its scams at corporate employees.
By The Numbers
In 2020, Akamai saw 193 billion credential stuffing attacks globally, with 3.4 billion hitting financial services organizations specifically — an increase of more than 45% year-over-year in the sector.