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Website security firm Sucuri hit by large scale volumetric DDoS attacks

Another day, another series of DDoS attacks – This time Sucuri and its customers have been hit by a series of attacks worldwide. The California based website security provider Sucuri has suffered a series of massive DDoS attacks (distributed denial-of-service) causing service outage in West Europe, South America and parts of Eastern United States. The attacks...
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Is Blockchain Causing More Cybersecurity Attacks in the Financial Industry?

There’s a lot of misunderstanding about blockchain. A recent study by HSBC, for example, found that 59 percent of customers around the world had never heard of it. Yet, while that alone is quite telling, it’s probably more alarming to consider the fact that very same poll revealed that 80 percent of people who had...
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Command and control: A fight for the future of government hacking

Following years of effort and billions of dollars’ worth of research and planning, the nation finally has a fully operational force of cyberwarriors at U.S. Cyber Command. Yet, as those troops confront adversaries around the world, there’s uncertainty across government about how to best make use of them. While lawmakers push the Trump administration to exact revenge...
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One year on, the WannaCry scare hasn’t made healthcare security any better

Cybersecurity in the healthcare sector was put under the spotlight after the WannaCry ransomware attacks that hit in May 2017, and it painted a vivid picture of how threats can paralyse real-world processes. That’s according to Trend Micro and HITRUST’s latest research on how connected hospitals can be exploited – and researchers believe that the...
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Record-setting Australian DDoS attack is a reminder to get your IoT security in order

As IoT devices proliferate, security spend is becoming a corporate compliance issue. Internet of things (IoT) security will become a key corporate compliance issue as growing adoption opens up new avenues for cybersecurity compromise, experts have warned as analysis of traffic analysis confirmed that the Memcached attack delivered Australia’s largest-ever distributed denial of service (DDoS)...
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Hospitals Exposed by Connected Devices

At any one time the world’s connected hospitals could be running as many as 80,000 exposed devices, putting hospital operations, data privacy and patient health at risk, according to Trend Micro. The security giant’s latest report, Securing Connected Hospitals, claimed medical devices, databases, digital imaging systems, admin consoles, protocols, industrial controllers and systems software have significantly...
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A new Mirai-style botnet is targeting the financial sector

The researchers say it’s the largest attack since the Mirai-powered cyberattack in October 2016 that took down large swathes of the Western internet. A botnet made up of hijacked internet-connected televisions and web cameras has a new target, security researchers have found. Three financial sector institutions have become the latest victims of distributed denial-of-service (DDoS)...
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Insurance may not be enough to stop hackers

NEARLY two dozen ransomeware attacks were made against Jersey businesses in the first three months of this year, according to research by just one local IT company. Logicalis also logged more than seven Office 365 break ins, 21 examples of attackers exploiting vulnerabilities caused by user errors, three DDoS attacks from hackers using company bandwidths,...
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New world record DDoS attack hits 1.7Tbps days after landmark GitHub outage

Just a week after code repository GitHub was knocked offline by the world’s largest recorded distributed denial-of-service (DDoS) attack, the same technique has been used to direct an even bigger attack at an unnamed US service provider. According to DDoS protection outfit Arbor Networks, that US service provider survived an attack that reached an unprecedented...
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Interpol Tests Global Cops with IoT Simulation

Interpol last week held a simulated training exercise for global investigators designed to help overcome Internet of Things (IoT) skills shortages. The international police organization’s annual Digital Security Challenge saw 43 cybercrime investigators and digital forensics experts from 23 countries face a simulated cyber-attack on a bank launched through an IoT device. During the course...
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Californian may not see stars for years after conviction for DDoS attack against telescope retailer

A California man was convicted of launching distributed denial of service (DDoS) attacks against telescope retailer Astronomics and the online astronomy forum the company runs called Cloudy Nights. David Chesley Goodyear, of El Segundo, Calif., was found guilty by a jury last week of hitting both the Norman, Okla.-based retailer and forum in August 2016,...
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The risks of DDoS and why availability is everything

DDoS attacks bring significant risk to organisations that depend on their networks and websites as an integral part of their business. And these days, that’s just about everyone. Think about online banking, retailing, travel reservations, medical patient portals, telecommunications, B2B e-commerce – virtually every business model today includes a significant online transactional component or, in some...
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DoubleDoor Botnet Chains Exploits to Bypass Firewalls

Crooks are building a botnet that for the first time is bundling two exploits together in an attempt to bypass enterprise firewalls and infect devices. Discovered by researchers from NewSky Security, the botnet has been cleverly named DoubleDoor. According to Ankit Anubhav, NewSky Security Principal Researcher, the DoubleDoor malware attempts to execute exploits that take...
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Tracking Bitcoin Wallets as IOCs for Ransomware

By understanding how cybercriminals use bitcoin, threat analysts can connect the dots between cyber extortion, wallet addresses, shared infrastructure, TTPs, and attribution. Cryptocurrency, particularly bitcoin, has captured the attention of Wall Street and Silicon Valley over the past few months. It seems like everybody wants to talk about bitcoin as if it is something brand...
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Europe in the firing line of evolving DDoS attacks

The Europe, Middle East and Africa region accounts for more than half the world’s distributed denial of service attacks, a report from F5 Labs reveals. The past year has seen a 64% rise in distributed denial of service (DDoS) attacks and greater tactical diversity from cyber criminals, according to customer data from F5’s Poland-based Security...
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Final Fantasy network recovers after losing health points to DDoS attack

The network hosting the role-playing video game Final Fantasy XIV experienced significant disruptions for three hours yesterday as the result of a distributed denial of service (DDoS) attack. A Feb. 5 posting on developer Square Enix’s online forum informed players that the company was able to fully restore the network and also reinforced its anti-DDoS defensive measures...
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Dutch Central Bank warns for phishing emails after DDoS attacks on banks

The Dutch Central Bank (DNB) has issued warnings to consumers about phishing e-mails, following a series of DDoS attacks on banks. ABN Amro, ING and Rabobank were the victims of long-term DDoS attacks on several occasions last weekend and earlier this week; these led to the disruption of online services. The Tax and Customs Administration...
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DUTCH BANKS, TAX AUTHORITY AGAIN TARGETED IN CYBER ATTACKS

ABN Amro, ING, Rabobank and the Tax Authority again faced DDoS attacks on Tuesday, though this time the financial services managed to deter them better than over the weekend. The attacks caused a short disruption in payment system iDeal, but the problems were quickly restored, NOS reports. ABN Amro was troubled by attacks all day long,...
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RUSSIAN SERVERS LINKED TO DDOS ATTACK ON NETHERLANDS FINANCIAL NETWORK: REPORT

The DDoS attacks that hit ABN Amro, ING and Rabobank over the weekend and on Monday, came from servers in Russia, according to security company ESET. The company adds that this does not automatically mean that the perpetrators are also in Russia, the Telegraaf reports. The perpetrators used a so-called botnet – an army of...
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DDoS Attacks Become More Complex and Costly

Distributed denial-of-service (DDoS) attacks are more complex and cause more financial damage than ever, new data shows. According to NETSCOUT Arbor’s 2017 Worldwide Infrastructure Security Report published today, the number of DDoS attacks that cost organization between $501 to $1,000 per minute in downtime increased by 60%. In addition, 10% of enterprises estimated a major DDoS attack...
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Test your cyber defenses with DIY DDoS

CANADIAN cybersecurity company DOSarrest has released a new service which allows organizations to test their systems’ resilience against distributed denial of service attacks. The Cyber Attack Preparation Platform (CAPP) allows anyone to choose from a variety of options which specify the attack type, velocity, duration, and vector. The service is paid for according to the options chosen,...
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Hackers Will Target Small Business Through the Internet of Things in 2018, New Report Says

A new report finds hackers are poised to target small businesses that use Internet of Things (IoT) technology to gain access to data from larger global firms in 2018. The  2018 Cybersecurity Predictions by Aon’s Cyber Solutions predicts a small business Internet of Things (IoT) breach will create a domino effect that damages a larger company....
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New year, new defence: Cybersecurity help and predictions for 2018

Organisations will adopt AI and other emerging technologies to help fight this year’s growing cyber threats. With 2017 seeing an enormous number of data breaches, businesses should be looking at their cybersecurity processes and planning how to effectively monitor their network security in the year to come. With massive developments in monitoring and AI providing...
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Banking on security in an environment of threats

The global financial crisis of 2008 was a piercing wake-up call for the financial industries of the world. It brought several regulatory and legislative changes in its wake, all aimed at preventing the recurrence of such an event. But the years since then have seen a different kind of threat emerging. The warning sirens are...
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Stay vigilant — cyber threats not over yet

Local companies should remain alert and continue to constantly update their cyber security measures as more “innovative” hacking activities are expected this year. LGMS Services Sdn Bhd CEO Fong Choong Fook said the public and local corporations should be vigilant, as new variants of ransomware could penetrate Malaysia, resulting in various attacks as ransomware services...
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UK businesses fear DDoS attacks hijacking their devices

Businesses are afraid wireless devices could be hacked and used as DDoS weapons, report finds. Businesses are afraid their wireless devices can be hacked and used at weapons in DDoS attacks. A new report from the Neustar International Security Council (NISC) found that many businesses are becoming increasingly concerned with the current international security landscape,...
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CISO Challenges in 2018

To stay ahead of threats, CISOs will need to enter 2018 in steep learning mode. Their priorities will include integrating artificial intelligence, protecting against increasingly advanced Distributed Denial-of-Service (DDoS) attacks, pressuring IoT vendors to build enterprise-class devices and deciding what blockchain technology may mean to them. When it comes to leveraging IoT devices for DDoS...
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Old Vulnerabilities still available to be exploited ROBOT

Old Vulnerabilities still available to be exploited R.O.B.O.T: Return Of Bleichenbacher’s Oracle Threat A joint study by researchers from Ruhr-Universitat Bochum/Hackmanit GmbH and Tripwire VERT has revealed a re-tread of an old vulnerability from 1998 that allows an attacker to leverage RSA decryption and cryptographic operations. It does so by using the private key configured...
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If you have satellite TV, hackers have access to your network

Imagine if every single gadget in your life was “smart.” Your self-driving car could let your house know you’re on the way home so it can adjust the thermostat and kick on the lights. Your fridge could detect that you’re out of milk and order more online before you even wake up. A drone delivers the milk just...
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Mirai: Trio confesses to creating the world’s most powerful DDoS botnet

One of the hackers also open sourced the code, enabling criminals to launch their own attacks Three men have admitted to being the authors of the devastating Mirai botnet, which was used to launch a DDoS attack that took large parts of the internet offline last year before being widely shared with cyber criminals. Paras...
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Throwing Caution to the Cloud?

The Hidden Costs of Moving IT operations onto the Cloud As the CTO of a Cloud DDoS Protection Service, it would seem that I would be shooting myself in the foot by raising alarms about hidden costs in moving onto the cloud. After all, shouldn’t everything IT (including Security) be moved to cloud, with it’s...
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Throwing Caution to the Cloud?

The Hidden Costs of Moving IT operations onto the Cloud As the CTO of a Cloud DDoS Protection Service, it would seem that I would be shooting myself in the foot by raising alarms about hidden costs in moving onto the cloud. After all, shouldn’t everything IT (including Security) be moved to cloud, with it’s...
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Bitfinex restored after DDoS attack

Bitcoin exchange Bitfinex says its systems have been restored after the company was hit by a second denial of service attack in just over a week. Bitfinex, which claims to be the world’s largest and most advanced cryptocurrency exchange, says it has restored its systems after coming under a “heavy” distributed denial of service (DDoS)...
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Be Sure To Ask Tough Questions Of Your DDoS Mitigation Solution

Every time I read another report about distributed denial of service (DDoS), I find myself either cringing or smiling. That’s the easiest way to boil down my reactions. Much in the same vein of “each data breach cost one bajillion dollars!” while making my best Dr. Evil face. The scoring, or the methodology used, in...
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Christmas revenues at risk from DDoS and POS-vulnerabilities

An increase in attacks where DDoS and POS systems were the main vectors is making the situation even worse. According to the Kaspersky Lab IT Security Economics Report, over 77 per cent of companies have suffered from some kind of attack during the last 12 months. An increase in attacks where DDoS and POS systems...
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Increased dark web interest in hacking the leisure and gaming industries.

Given the volumes of cash swashing around, it’s no surprise that leisure and gaming industries have become a target for cyber-crime; new reports suggest there is growing interest on the Dark Web in attacks on the gaming industry. Given the volumes of cash swashing around, it’s not a surprise that leisure and gaming industries have...
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Bitcoin industry enters top 10 DDoS targets

The bitcoin industry has become one of the top 10 industries most targeted by distributed denial of service attacks, a report has revealed A spike in the number of bitcoin-related sites targeted by distributed denial of service (DDoS) attacks coincided with a spike in the value of the cryptocurrency of $4,672 in the third quarter,...
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Rutgers suffers “data breach,” of 1,700 students’ info

NEW BRUNSWICK, NJ – The ​academic information of 1,700 Rutgers students was exposed during a “data security incident” on November 8 and 9, university officials confirmed. No one’s Social Security number, address or financial information was leaked, according to university spokesperson Neal Buccino. Instead, the affected students, all in the Department of Computer Science, had their academic...
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Cybersecurity and Privacy Predictions for 2018

The past year in cybersecurity has been one of combating ransomware extortion attacks, bracing systems against DDoS attacks and securing internet of things (IoT) systems. Looking to next year, cybersecurity experts at McAfee Labs laid out their predictions for the industry’s top concerns in 2018. Among the top concerns for next year are hackers using...
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Alleged DDOS attack wipes almost $2,000 off Bitcoin price

BTC now trying to stablize around $9,500 Over the past 24 hours, Bitcoin (BTC) has been on a parabolic run all the way from $10,000 up to almost $11,500. Many including myself feared a sharp correction would be due at any moment, as the kind of growth we saw was not sustainable, not even in...
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THIS IS HOW TO PREPARE FOR A CYBER ATTACK

Cybersecurity is only in the spotlight when it fails. After high-profile, large-scale data breaches, it takes a beating. But cybersecurity provides critical layers of infrastructure in our modern, cyber-dependent society. Rehearsing for potential failures is always worthwhile. Executives tend to relegate cybersecurity to the IT department. That is a mistake, because cyber incidents affect the...
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3 Key Questions You Should Be Aware Of When Fighting Off Cyber Crime

Fighting cyber crime is an ongoing task that has only been getting harder and harder to accomplish. DDoS attacks against networks have been getting larger and more complex so it is important to know the right questions to ask when one such attack happens. Of course there are obvious questions like ‘Who is doing the...
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Black Friday and Cyber Monday are upon us. Is your network ready?

Dive Brief: Black Friday, Small Business Saturday and Cyber Monday are part of the most popular shopping weekend of the year. To prepare for the influx of traffic, Walmart’s IT department initiates tests for e-commerce year-round “to scale, meet and exceed traffic projections” during the weekend, Paul Antony, senior vice president of global infrastructure and...
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DDoS attacks have doubled in six months, up 91% on first quarter

IoT devices in the dock as DDoS stages a resurgence, but stealth and sophistication also on the rise. Businesses are being hammered by an average of eight DDoS attack attempts per day, an increase of 35 percent compared to Q2 2017, and a massive 91 percent increase over Q1 2017, according to new figures. The...
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Securing your APIs

Covering your APIs Web APIs are not exactly a new technology. You can find an API for almost any service offered online. The reason for the popularity is not surprising, APIs easily and efficiently facilitate integration between applications. This inter-application communication allows partnerships to efficiently share data and resources, allowing the automation of many tasks...
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DDoS attacks on UK businesses double in six months

Vulnerable IoT devices and DDoS-as-a-service drive surge in attacks British businesses are under siege from a growing wave of DDoS attacks, as new figures reveal the number of incidents has almost doubled over the past six months. UK organisations suffered an average of 237 DDoS attacks per month during Q3 2017, equivalent to eight attacks...
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The Internet of Things could easily be the Internet of Threat

In more devices connecting and communicating to each other, we run the risk of one particular threat on the Internet – that of botnets. The Internet of Things (IoT), unlike SMAC (Social Mobile Analytics Cloud), moved faster from being an industry buzzword to reality. However, what needs to be examined is whether businesses are prepared...
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Distributed-Denial-Of-Service Attacks And DNS

Distributed-denial-of-service (DDoS) attacks have become the scourge of the internet. DDoS attacks use compromised internet devices to generate enormous volumes of data and direct that data at a particular target such as a web server or router. That target either keels over due to some critical resource becoming exhausted, or it finds its connection to...
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Are they prepared: The healthcare industry’s fear of the cyber threat

Infoblox report finds 1 in 4 UK healthcare IT professionals aren’t confident in their organisation’s ability to respond to cyber attacks. Technology is booming in healthcare organisations with digital transformation policies leading to increased adoption of connected medical devices, big data analytics for faster and more accurate diagnoses, and paperless systems for the easy exchange...
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Man charged for using vDOS hacker for hire against Minnesota firm

Federal prosecutors are charging John Kelsey Gammell, 46, with using hackers for hire to launch DDoS attacks against former employers and other companies. Gammell has been charged with intentional damage to a protected computer and authorities say he made monthly payments between July 2015 and September 2016 to services like the now defunct vDOS platform...
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