Australian banking and financial institutions received extortion emails threatening them of possible distributed denial of service (DDoS) attacks against them. To avert this situation the extortioners demanded a ransom that needs to be paid in the form of Monero (XMR) cryptocurrency. The Australian Signals Directorate’s Australian Cyber Security Centre (ACSC) is aware of this extortion campaign and issued threat advice…
As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did not manage to steal any funds, one of the incidents resulted in a leak of Know Your Customer data. All of…
The promises are enticing and the price is unbeatable; after all – who can beat the price of ‘free’ ? As service availability becomes more and more of a customer concern, it has become common for internet service providers (ISPs), content distribution networks (CDNs) and public cloud providers to offer ‘DDoS protection’ for free, as part of their service bundle….
OKEx and Bitfinex were hit by similar attacks in 24 hours Someone is disrupting cryptocurrency exchanges with Distributed Denial of Service attacks, with both Bitfinex and OKEx hit in the past 24 hours. “I was not aware of the attack against OKEx yesterday. I’m interested to understand similarities,” tweeted Bitfinex CTO Paulo Ardoino. “We’ve seen a level of sophistication that means a…
A DDoS attack — which stands for “distributed denial of service” — is a type of cyberattack that hijacks innocent users’ computers in order to attack a website and render it temporarily inaccessible or inoperable. In such an attack, the targeted website is flooded with fake user requests, so many of them that they cannot handle the traffic. The site…
The head of Iran Civil Defense has accused Washington of the latest large-scale cyber-attack that targeted Iranian infrastructure. The coordinated Distributed Denial of Service (DDoS) attack affected two mobile operators and partially shut down Iran’s internet for hours. Iranian officials said they stopped the DDoS attack after activating Iran’s digital fortress DZHAFA shield. He added that the frequent cyber-attacks had…
With over 23,000 recorded attacks per day, customer-facing enterprise services are bearing the brunt of attacks. Two-thirds of customer-facing enterprise systems are bearing the majority of Distributed Denial-of-Service (DDoS) attacks, of which 8.4 million were recorded in 2019 alone. DDoS attacks are aimed at disrupting online services. A flood of illegitimate traffic is generated by PCs, Internet of Things (IoT),…
Peer-to-peer botnets, TCP reflection attacks, and increased activity on Sundays are three DDoS attack trends from last quarter. The number of distributed denial-of-service (DDoS) attacks nearly doubled between the fourth quarter of 2018 and fourth quarter of 2019, researchers found in a new study of DDoS trends. Last quarter brought an increase in the number of attacks relative to the…
DDoS attacks are gaining popularity at the expense of bruteforce attacks. Distributed denial of service attacks (DDoS) are “significantly” on the rise, suggest a new report from F5 Labs. The same report also argues brute force attacks, although still present, are losing steam. In the past two years, DDoS attacks accounted for almost half (49 percent) of all cyberattacks, representing…
A new study focused on distributed denial of service (DDoS) attacks has found that pornographic websites received by far the most attacks per site last year. To produce their “Global DDoS Threat Landscape” report, researchers at Imperva studied attack data gathered between May and December 2019. Their findings, published yesterday, reveal that websites in the adult entertainment industry received an average of 84.46 attacks…
