Ignoring-DDoS-Vulnerabilities-Thats-Why-Companies-Face-DDoS-Downtime.

Ignoring DDoS Vulnerabilities? That’s Why Companies Face DDoS Downtime

The financial industry is under siege from increasingly sophisticated Distributed Denial of Service (DDoS) attacks. Despite significant investments in DDoS protection, financial organizations remain highly vulnerable.

MazeBolt’s latest eBook, What Most DDoS Protection Vendors Don’t Want You to Know – 7 Inconvenient Truths for the Financial Sector, reveals the hard realities of DDoS protection and provides a roadmap to securing critical services. Here’s a summary of the key takeaways:

1. Financial Organizations are Prime Targets

The financial sector faces the highest risk of DDoS attacks due to its reliance on 24/7 online services. Recent research shows that it is the most targeted industry globally. Cybercriminals exploit DDoS vulnerabilities to disrupt operations and steal sensitive data, leaving banks and financial institutions struggling to maintain uptime.

2. Increased Spending Doesn’t Equal Better Protection

Financial enterprises spend millions on layered DDoS defenses, yet downtime persists. On average, financial institutions face at least 20 DDoS attacks per month, with 28% being disruptive. The rise of DDoS-as-a-Service and AI-driven attack vectors exacerbates the threat landscape.

3. Regulations Raise the Stakes

Compliance with regulations like the Digital Operational Resilience Act (DORA), NIS2, and SEC requirements requires continuous risk management. Non-compliance penalties, coupled with customer churn and reputational damage, raise the cost of downtime for financial organizations.

4. DDoS Vulnerabilities are the Root Cause

Every successful DDoS attack exploits vulnerabilities in DDoS protection. Misconfigurations—such as unprotected APIs, open ports, or outdated policies—leave enterprises exposed. According to MazeBolt research, even premium DDoS defenses leave 37% of the attack surface vulnerable.

5. Red Team Testing Always Falls Short

Traditional Red Team testing is costly, disruptive, and infrequent, covering less than 1% of the attack surface. With vulnerabilities evolving dynamically, this reactive approach leaves organizations blind to most risks.

6. SLAs Leave Enterprises at Risk of Downtime

Relying on SLAs to address DDoS attacks ensures one thing: downtime has already occurred. Vendors often act only during or after attacks, leaving organizations to absorb the operational and reputational damage.

7. Continuous Attack Simulation is the Solution

MazeBolt’s patented RADAR™ technology offers continuous, nondisruptive DDoS vulnerability management, addressing the core issue: vulnerabilities in DDoS protection systems. By simulating thousands of DDoS scenarios, RADAR proactively identifies and remediates vulnerabilities, reducing exposure to under 2%.

Stop Reacting. Start Preventing.

Financial organizations must shift from reactive mitigation to proactive prevention. Continuous DDoS attack simulation aligns with Gartner’s Continuous Threat Exposure Management (CTEM) framework, ensuring organizations stay ahead of attackers.

MazeBolt RADAR™ is transforming DDoS protection for the financial sector. By eliminating vulnerabilities, RADAR empowers banks and financial institutions to maintain uninterrupted business continuity.

Interested in learning more about MazeBolt RADAR? Download the eBook!

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