RANCHO CUCAMONGA, Calif. (May 2, 2013) - The rising tide of Distributed Denial of Service (DDoS) attacks on American financial institutions has led CO-OP Financial Services to commission a white paper on how credit unions can fight back.
Offered as a free service to the credit union movement, the comprehensive white paper is entitled, "A Risk Based Approach to DDoS Protection for Credit Unions and Credit Union Service Organizations." The white paper is written by Ray Zadjmool, President and Principal Consultant, of Tevora (www.tevora.com), a Lake Forest, Calif., information assurance consulting firm with a focus on compliance, risk management and solutions integration.
To register for and download the white paper, click here.
"CO-OP Financial Services is a source for strategic counsel as well as products to help credit unions operate profitability and at greater convenience for their members," said Stan Hollen, President/CEO. "We have taken a very strong interest in the growing number of DDoS attacks, and we believe this free white paper to be of real value to credit unions seeking to protect themselves."
The white paper examines the emerging threat of DDoS in detail, its effect on current and possible future regulations, and expands on recommendations made by NCUA in February. In addition, the white paper provides a broad overview of the DDoS prevention market, including a review of solutions, price points and other factors that should be considered by credit unions in establishing a risk mitigation strategy.
DDoS involves using an army of hijacked computers to overwhelm a site with so many requests for attention that it's unable to respond to legitimate requests and thus becomes unavailable. It has in recent years become a popular method to make a political or ideological point in which the target is some kind of symbol. Financial institutions, including credit unions, have increasingly been the targets of DDoS attacks.
To immediately download "A Risk Based Approach to DDoS Protection for Credit Unions and Credit Union Service Organizations," visit: here.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif., and founded in 1981, CO-OP Financial Services is the nation's largest credit union service organization in terms of number of credit unions, assets and members. The company specializes in helping credit unions thrive by providing products and services that make it more convenient for members to do business with them. With a motto of "Be There. Be More," CO-OP's products fall into three business lines, including "Locations," (ATM, shared branching and call center services); "Card Payments" (debit and credit processing) and "Mobile/ Virtual" (mobile, online, check imaging, bill pay services). To learn more visit www.co-opfs.org.