Cyber for Plan Sponsors

Amazon Fights off Largest Ever DDoS Attack

06.18.2020

Amazon announced its cloud-services provider, Amazon Web Services, recently fended off the greatest DDoS cyber-attack in history. Amazon web services, which offers the very infrastructure hundreds of companies rely on, defended itself against a Distributed denial of services, or DDoS, pounce with peak traffic volume of 2.3 tbps, the largest ever recorded.

The attack, which occurred February of this year, was a “reflection attack”, a devious attempt to utilize vulnerable third-party server to amplify the amount of data sent to a victim’s IP address.

“This is huge news for people in the cybersecurity industry,” stated Lisa Forte from Goat Cyber Security. “This will definitely be an alarming revelation to many and could be a warning we should not ignore.”

Cyber Liability Insurance is critical for the prosperous financial future and well-being of your company. A single attack could be costly and devastating to try and conquer on your own. Our ERISA bond packages, which include an ERISA Fidelity bondFiduciary Liability Insurance and Cyber Liability Insurance, can help protect your company and its employee benefit plan from catastrophic damages to your brand and its valuable assets. Contact us to learn more about our ERISA packages and cyber coverage.