Third quarter distributed denial of service activity increased by 53% compared to Q2, according to Verisign. The Reston, Va., cybersecurity firm also reported its Q3 2015 DDoS Trends Report numbers were the highest quarterly levels in the last two years.

For the fourth quarter in a row, the IT Services/Cloud/SaaS industry was most frequently targeted by DDoS attacks, representing 29% of mitigation activity in Q3. Media and Entertainment closely followed with 26% of mitigations. The Financial and Payments sector remained a heavily-targeted industry, representing 15% of all Verisign mitigations.

DDoS attacks produce damaging consequences, including lowered customer confidence and lost revenue.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).