Organizations citing cybersecurity costs as an impediment to implementing a layered defense should rethink their priorities: Denial of service (DDoS) and malware infection recovery costs range into the thousands of dollars – per day. According to a report from Solutionary, organizations are spending a staggering amount of money in the aftermath of an attack: as much as $6,500 per hour…
The retail banking website of J.P. Morgan Chase & Co. (JPM) on Tuesday has come under a so-called “denial of service” attack, rendering it unusable for customers, a bank spokesman confirmed. The site first slowed earlier Tuesday, and in the afternoon it became unavailable. The bank is responding with increased security measures for the website, chase.com. The spokesman said no…
Services on code-sharing site GitHub have been disrupted for over an hour in what started as a “major service outage” because of a “brief DDoS attack.” This is the second DDoS attack in as many days and at least the third in the last several months: Yesterday, GitHub also reported a DDoS incident. And in October 2012, the service also…
Twenty-five percent of distributed denial of service (DDoS) attacks that occur in 2013 will be application-based, according to Gartner, Inc. During such incidents, attackers send out targeted commands to applications to tax the central processing unit (CPU) and memory and make the application unavailable. “2012 witnessed a new level of sophistication in organized attacks against enterprises across the globe, and…
Distributed Denial-of-Service (DDoS) attacks1 are not a new method employed by cyber criminals to inflict damage on victim entities’ networks. In fact, DDoS attacks were one of the first types of online crimes to appear in the dawn of the Internet age.2 In the past several years, however, cyber threat actors have rekindled this attack to produce two new variants,…
According to Stratecast, DDoS attacks are increasing in number by 20 per cent to 45 pc annually Google, Microsoft, Apple, PayPal, Visa, MasterCard… many of the world’s largest websites have all been victims of Distributed-Denial-of-Service (DDoS) attacks. A DDoS attack consists in having a multitude of systems attack a single target in an attempt to make its resources unavailable to…
VANCOUVER, Jan. 22, 2013 /CNW/ - DOSarrest Internet Security announced a new website monitoring service today called the “DOSarrest External Monitoring Service” or “DEMS”. This new service is a real-time geographically distributed system, capable of monitoring a number of website performance metrics from three different geographic regions, every 60 seconds, utilizing six different sensors. This service may be purchased as…
Some in the US point the finger at Iran. Another group called the Izz ad-Din al-Qassam Cyber Fighters, motivated by the US Government’s inability to remove an anti-Muslim video called the Innocence of Muslims, claimed responsibility for the recent Dedicated Denial of Service (DDoS) attacks which have brought down US banking sites since September. But the identity of the perpetrator…
During the last third of 2012, 10 major U.S. banks were the targets of powerful distributed-denial-of-service attacks apparently launched by a foreign hacktivist group. Some observers predict there will be many more DDoS attacks against financial institutions in 2013. They say hacktivists, organized crime rings and even nation states will be the perpetrators, working collaboratively in some cases and independently…
The websites of major U.S. banks are facing a new round of cyber attacks linked to the same group responsible for similar assaults earlier this year. The latest attacks started last week and have hit Bank of America Corp., SunTrust Banks Inc. (STI), JPMorgan Chase & Co. (JPM), U.S. Bancorp, Wells Fargo & Co. (WFC) and PNC Financial Services Group…
