Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the launch of its new suite of security offerings – Q2 Security Insights. Q2 Security Insights offers products that deliver sets of real-time events to financial institutions, along with insights into the overall security landscape, giving them a deeper understanding of traffic patterns and threat intelligence via Security Information and Event Management (SEIM) integration.
In 2022, the frequency of DDoS (distributed denial of service attack) rose 22%, and credential stuffing accounted for 34% of all login attempts in just the first three months of 2022. Q2 supports around 34,000 logins per minute, and roughly one-third are bots trying to bypass security controls. In 2021, Q2 introduced Q2 Console Security Visualizations, which provides a self-service reporting portal that shows a high-level view of a bank or credit union’s perimeter attack surface. Q2 Security Insights takes this view a step further by providing a data stream financial institutions can use to strengthen their security posture while validating that the efforts Q2 is making to protect their environments are accurate and complete.
Said Senior Vice-President Jordan Hager,“We created Q2 Security Insights so that our customers would have even more visibility into the changing security landscape. The more transparent we can be with what we’re seeing, the more secure our customers and the industry as a whole will be.”
Shares in QTWO dropped 20 cents to $35.27.
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