Gartner Research

Arming Financial and E-Commerce Services Against Top 2013 Cyberthreats

Published: 29 January 2013

ID: G00237376

Analyst(s): Avivah Litan

Summary

In 2013, e-commerce and financial services companies will be hit by increasingly sophisticated attackers and attacks, such as high-bandwidth DDoS attacks and devious criminal social-engineering ploys. We provide best practices so targeted firms can arm themselves and avoid costly damage.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • High-bandwidth DDoS attacks are becoming the new norm and will continue wreaking havoc on unprepared enterprises in 2013
  • Hackers use DDoS attacks to distract security staff so that they can steal sensitive information or money from accounts
  • People continue to be the weakest link in the security chain, as criminal social-engineering ploys reach new levels of deviousness in 2013
  • In 2013, organized gangs will perpetrate at least half of the cybercrimes against financial services, gaming and other e-commerce companies, as offshore gangs thrive and foreign governments look the other way

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