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According to new Freedom of Information (FoI) data obtained from the industry regulator, the volume of DDoS attacks on UK financial institutions increased during the first few months of Ukraine war.
The Financial Conduct Authority (FCA) has given information that 14 DDoS attacks occurred in 2022, compared to only five in all of 2021. With the importance of the finance sector as a critical national infrastructure, Picus Security understands these attacks were carried out by state-sponsored and hacktivist operations.
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