Cybercrime on the Rise in Saint Pierre and Miquelon: Financial Institutions Under Threat

Evolving Cyber Threat Landscape

Saint Pierre and Miquelon, a French territory in North America, has seen a significant increase in cybercrime attacks targeting its financial institutions. Recent data indicates that the threat landscape is rapidly evolving, making ongoing monitoring and analysis crucial to detect changes in adversary behavior and targets.

Top Vectors Used in DDoS Attacks

According to country-level analytics, the top vectors used in DDoS (Distributed Denial of Service) attacks include:

ARMS Amplification
DNS Amplification
ICMP
NTP Amplification
SNMP Amplification
SSDP Amplification
TCP ACK
TCP RST
TCP SYN
TCP SYN/ACK Amplification
TFTP Amplification
UDP
WS-DD Amplification

Financial Institutions Under Attack

Financial institutions have been particularly vulnerable to these attacks, with Wired Telecommunications Carriers being the most targeted sector in the second half of 2023. The industry chart shows that this sector has faced a high number of attacks, with an average duration of 13 minutes and a maximum impact of 47 Gbps.

Experts Warn: Proactive Measures Required

Experts warn that ongoing monitoring and analysis are essential to stay ahead of adversaries and prevent future attacks. Financial institutions in Saint Pierre and Miquelon must take proactive measures to protect themselves against these threats and ensure the continued security of their operations.

NETSCOUT’s ATLAS: A Key Resource for Threat Analysis

The data is based on NETSCOUT’s global threat analysis and collection platform, ATLAS, which provides real-time insights into the DDoS threat landscape. By analyzing regional and country-level statistics, experts can identify trends and patterns in adversary behavior and targets, enabling them to develop effective strategies for prevention and mitigation.