Re: The stakes are too high for cyber security to be pushed to the bottom of the pile.
While DDoS is a concern, it is important to note that the intended outcome of performing the attack is in the name: DDoS = Distributed Denial of Service. Denial of service is not the same as a data breach in which sensitive data is stolen, it is simply an attack aimed at preventing you or anyone else from using your network. This can be disruptive and annoying to businesses, but does not merit anywhere near the concern an actual data breach does.
Furthermore, DoS attacks (note the single "D") are significantly up because there are tools available for free download that can perform this attack from a single laptop. I am not surprised that BT reported so many attacks. The number is probably much higher, but modern firewalls have gotten very good at defending these attacks and many companies don't even know they were hit. Often, the only way to know is by reviewing your firewall logs!
As far as Broker/Dealer data security, FINRA is already on this (seriously, it's the BANKING industry, there's no way they wouldn't have addressed this somewhere!) and I hope the SEC works in concert with them in the development of their data security standards.
Daryl Jackson, Senior Security Analyst, RSI Security