Link11 Case Studies Moneycorp uses DOSarrest for fully managed DDoS protection

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	Moneycorp uses DOSarrest for fully managed DDoS protection Link11

Moneycorp uses DOSarrest for fully managed DDoS protection

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Technology Category	Cybersecurity & Privacy - Network Security
Applicable Industries	Finance & Insurance
Applicable Functions	Business Operation
Use Cases	Cybersecurity
Services	Cloud Planning, Design & Implementation Services Cybersecurity Services
Challenge	Moneycorp, a rapidly growing foreign exchange company in the UK, was facing the threat of Distributed Denial of Service (DDoS) attacks. These attacks could potentially paralyze their website, leading to lost revenue, customers, and damage to their reputation. The company had been targeted by such attacks, which could disrupt their service or even act as a smokescreen for a more damaging data theft attempt. The challenge was to find a solution that could protect their website and customer transactions from these attacks 24x7. The solution needed to be quick to respond and capable of keeping their business up and running even under attack. Read More
About Customer	Moneycorp is one of the UK's fastest-growing foreign exchange companies. With over 30 years of service, the company has handled over 6.4 million transactions in the last year alone. This high volume of transactions and rapid growth make Moneycorp a potential target for DDoS attacks among hackers looking to disrupt its service or attempt more damaging data theft. The company needed a solution that could protect its website and customer transactions from these attacks, ensuring the safety and continuity of its operations. Read More
Solution	Moneycorp chose to use DOSarrest's Proxy Defense, a fully managed, cloud-based DDoS mitigation service. This service provides immediate protection from large, complex DDoS attacks for any server in any location, worldwide. DOSarrest has developed a range of proprietary methods and techniques to stop any and all DDoS attacks, rather than relying on purpose-built DDoS mitigation devices. The cloud-based nature of Proxy Defense allows for a response time of mere minutes, rather than hours or days, for DDoS protection to take effect. Once deployed, Proxy Defense delivers complete and ongoing protection from DDoS attacks. In addition to DDoS protection, Moneycorp also experienced an improvement in their website’s performance, thanks to the content delivery network which supports DOSarrest Proxy Defense. Read More Log in to view content
Contents

Technology Category

Cybersecurity & Privacy - Network Security

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Cybersecurity

Services

Cloud Planning, Design & Implementation Services

Cybersecurity Services

Challenge

Moneycorp, a rapidly growing foreign exchange company in the UK, was facing the threat of Distributed Denial of Service (DDoS) attacks. These attacks could potentially paralyze their website, leading to lost revenue, customers, and damage to their reputation. The company had been targeted by such attacks, which could disrupt their service or even act as a smokescreen for a more damaging data theft attempt. The challenge was to find a solution that could protect their website and customer transactions from these attacks 24x7. The solution needed to be quick to respond and capable of keeping their business up and running even under attack.

About Customer

Moneycorp is one of the UK's fastest-growing foreign exchange companies. With over 30 years of service, the company has handled over 6.4 million transactions in the last year alone. This high volume of transactions and rapid growth make Moneycorp a potential target for DDoS attacks among hackers looking to disrupt its service or attempt more damaging data theft. The company needed a solution that could protect its website and customer transactions from these attacks, ensuring the safety and continuity of its operations.

Solution

Moneycorp chose to use DOSarrest's Proxy Defense, a fully managed, cloud-based DDoS mitigation service. This service provides immediate protection from large, complex DDoS attacks for any server in any location, worldwide. DOSarrest has developed a range of proprietary methods and techniques to stop any and all DDoS attacks, rather than relying on purpose-built DDoS mitigation devices. The cloud-based nature of Proxy Defense allows for a response time of mere minutes, rather than hours or days, for DDoS protection to take effect. Once deployed, Proxy Defense delivers complete and ongoing protection from DDoS attacks. In addition to DDoS protection, Moneycorp also experienced an improvement in their website’s performance, thanks to the content delivery network which supports DOSarrest Proxy Defense.

Impact #1	Moneycorp's website and customer transactions are now safe from DDoS attacks.
Impact #2	The company's website performance has improved due to the content delivery network supporting DOSarrest Proxy Defense.
Impact #3	The solution is scalable and can grow with the business.

Impact #1

Moneycorp's website and customer transactions are now safe from DDoS attacks.

Impact #2

The company's website performance has improved due to the content delivery network supporting DOSarrest Proxy Defense.

Impact #3

The solution is scalable and can grow with the business.

Benefit #1	Response time to DDoS attacks is less than 15 minutes.
Benefit #2	The solution is cost-effective compared to other providers like Prolexic and Verisign.

Benefit #1

Response time to DDoS attacks is less than 15 minutes.

Benefit #2

The solution is cost-effective compared to other providers like Prolexic and Verisign.

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Overview

Moneycorp uses DOSarrest for fully managed DDoS protection

Operational Impact

Quantitative Benefit