CybersecurityMay 20, 2026, 06:30 AM
Akamai Report: Financial Services DDoS Attacks Up 738% Since 2024
AI Summary
Akamai's "AI-Empowered Botnets and API Visibility Gaps" report reveals that financial services are now the primary target for web and API distributed denial-of-service (DDoS) attacks. The median duration of global Layers 3 and 4 DDoS attacks against the sector has surged by 738% since 2024. The report also highlights that 96% of financial service leaders experienced an API security incident in the past year, and advanced bot activity increased by 147% in late 2025, underscoring the escalating threat landscape.
Key Highlights
- Financial services are the top target for web and API DDoS attacks.
- Median duration of Layers 3 and 4 DDoS attacks on financial services increased by 738% since 2024.
- 96% of financial service leaders reported at least one API security incident in the past 12 months.
- In 2025, 60% of web attacks and 83% of API incursions targeted banking.
- Nearly 80% of financial institutions faced ransomware attacks in the past two years.
- Advanced bot activity surged by 147% in late 2025.
- EMEA is the primary target for Layers 3 and 4 DDoS attacks (62%).
Price Impact
More from AKAM