A massive cyberattack that freezes computers and demands a ransom to open them has hit companies in the U.S. and elsewhere around the world today, U.S. officials and private cybersecurity analysts said. Among the American targets are the giant Merck pharmaceutical company in New Jersey; the Mondelez food company, which produces Oreo cookies; and a major multinational law firm, DLA…
The $1 million ransom payment paid last week by South Korean web hosting company Nayana has sparked new extortion attempts on South Korean companies. According to local media, seven banks have received emails that asked the organizations to pay ransoms of nearly $315,000 or suffer downtime via DDoS attacks. Only five of the seven targets are publicly known, which are…
Looking for lots more answers on net neutrality docket. If the FCC was subject to multiple DDoS attacks that affected input in the Open Internet comment docket, leading House Democrats say that raises questions about the FCC’s cybersecurity preparedness that need answers. That came in letters to the FCC and National Cybersecurity and Communications Integration Center. “We ask you to…
Businesses should ensure that they are still securely protected against DDoS attacks, despite the recent growth of other trends such as ransomware. That’s the warning from Arbor Networks, which is urging organisations of all sizes to make sure they stay safe online as DDoS attacks are still rife around the world. Speaking to ITProPortal at the recent InfoSecurity Europe 2017…
Business is under assault from cybercriminals like never before, and the cost to companies is exploding. Here’s what you need to know about safeguarding your digital assets. 1. Under attack In the summer of 2015, several of New York’s most prestigious and trusted corporate law firms, including Cravath Swaine & Moore and Weil Gotshal & Manges, found themselves under cyberattack….
Trouble logging in? It may be due to hackers Final Fantasy 14’s servers have been under intense strain this past weekend. It now seems that these issues are the direct result of distributed denial-of-service attacks, Square Enix stated today. The attacks have apparently been going on since June 16, the first day that the game’s second expansion, Stormblood, went live…
Microsoft has confirmed an outage in its Skype offering, which caused connectivity issues earlier this week and is allegedly the result of a Distributed Denial of Service attack. Skype users started complaining about connectivity issues on Monday, with hours of downtime. The issues continued into Tuesday, with users losing connectivity and having trouble exchanging messages on the communications platform. The…
A recent survey by the Ponemon Insitute and the Shared Assessments Program of 553 people with a role in risk management in their organizations found that 94 percent of those surveyed said a security incident related to unsecured IoT devices or applications could be catastrophic. Still, just 44 percent of respondents said their organization has the ability to protect their…
Distributed Denial of Service (DDoS) attacks leverage compromised devices to generate a flood of traffic, overwhelming online services and rendering them unresponsive. DDoS services are widely available on the internet, with research by Trend Micro finding that the small cost of US$150 can buy a DDoS attack for a week. (It also brings organised crime into your life – but…
A group of hackers from Morocco allegedly tried to hack the US voting systems. In an attempt, they hacked four school districts from Florida. According to reports, several hacking attempts were said to be made on the US voting system and culprits were mostly believed to be from Russia. However, it seems that another group also wanted to try and…
