New Zealand's stock exchange, NZX, recently fell under a massive distributed denial-of-service attack that was part of an extortion attempt. Security specialist Daniel Ayers breaks down what went wrong and how other organizations can avoid similar issues.
Tesla CEO Elon Musk says a "serious attack" aimed at stealing corporate data and holding his company to ransom has been thwarted. The FBI has accused a Russian national of attempting to recruit an insider to install malware to steal data, which criminals hoped to ransom for $4 million.
The New Zealand Stock Exchange resumed trading in the early afternoon on Friday after the impacts of distributed denial-of-service disruptions reverberated into a fourth day. The hobbling of the exchange's trading has demonstrated that DDoS attacks remain an unpredictable threat.
Lucifer, a botnet that has been infecting Windows devices with cryptominers and using compromised systems for distributed denial-of-service attacks, now has the ability to compromise Linux-based systems as well, according to Netscout's ATLAS Security Engineering & Response Team.
Copycats using well-known threat actor names, such as Fancy Bear and Armada Collective, are launching extortion campaigns tied to distributed denial-of-service attacks against financial institutions, according to Akamai's Security Intelligence Research Team.
Researchers at the security firm Kaspersky say distributed denial-of-service attacks increased dramatically in the second quarter, most likely as a result of the shift to a remote workforce because of the COVID-19 pandemic.
The level of risk associated with each of the threats described in this report depends on your organization's systems and security posture. While that is something only you can assess, this report provides insights and actionable recommendations to help you protect your networks.
The FBI is warning of an increase in distributed denial-of-service attacks using amplification techniques that are targeting U.S. organizations. The bureau notes that it's seen an uptick in attack attempts since February.
Hackers have reportedly demanded a ransom from Bank of Montreal and Simplii Financial in exchange for not dumping 90,000 customers' account details on a fraud forum. The FBI says online extortion and ransomware remain the top two types of cybercrime it's seeing today.
The browser is the window to the web. But what's going in the background during that browsing is opaque to most users. A new experiment shows how the computing power of tens of thousands of computers could be unknowingly harnessed to crack passwords, harvest cryptocurrencies or conduct DDoS attacks.
Bitcoin: Is it the future of cash, a legitimate speculative instrument or a Ponzi scheme in easy-to-consume digital form? Despite the outstanding questions, investors and cybercriminals alike continue to amass cryptocurrencies. Both groups face perils.
Defending against tomorrow's mobile attacks is a moving target; but new technologies and strategies, including behavioral biometrics and machine-learning-based analytics, are allowing financial institutions to reduce their fraud losses while enhancing their customer experience.
Based on the latest results of ISMG's...
Deutsche Telekom says 900,000 customers were unable to access the internet after their routers were infected with malware. Researchers say it's a modified version of Mirai - code for building an internet-of-things botnet.
DDoS attacks apparently were directed at the small west African country of Liberia from the same botnet that struck networking services provider Dyn. Were the attacks just a test for a bigger attack to come?