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?
The malware-infected IoT army that disrupted domain name server provider Dyn was composed of, at most, 100,000 devices, the company estimates in an after-action report. But claims that the attacks peaked at 1.2 Tbps remain unconfirmed.
Massive DDoS attacks, targeting DNS provider Dyn, have triggered widespread internet disruptions. Security intelligence firm Flashpoint says the attacks have been perpetrated at least in part via a botnet of Mirai-infected internet of things devices.
A new cyberattack trend report from Europol notes that while online criminals continue to refine their capabilities, old and unsophisticated attacks too often still succeed, thanks to poor digital hygiene and a lack of security by design and user awareness.
The cybercrime sector involves a rapidly growing services economy that provides everything from bulletproof hosting and stresser/booter DDoS on demand, to ransomware-as-a-service and sites that offer to launder bitcoins via a process known as tumbling.
Law enforcement agencies have scored some notable botnet-busting successes, disrupting malicious infrastructure and arresting botnet-using gangs. But cybercriminals are adapting, one top EU cybercrime investigator warns.
Extortion campaigns waged by cybercriminals are expected to become more damaging in 2016, putting additional pressure on CISOs to enhance protection of internal networks and educate employees about extortionists' techniques, says iSight Partner's John Miller.
Will this week's arrests of a "main target" and another suspect tied to the distributed denial-of-service extortion group known as DD4BC deter copycats from waging similar schemes? Experts weigh in.
European police have arrested a "main target" as part of a previously undisclosed law enforcement effort, dubbed Operation Pleiades, against the distributed denial-of-service attack gang called DD4BC, or "DDoS for Bitcoin."
While DDoS attacks were once deemed primarily a nuisance, experts now say they're becoming a routine strategy cybercriminals use as part of a campaign to commit fraud or extortion. What are the four key attack trends to watch out for in 2016?
Three Greek banks are the latest DDoS shakedown targets of online attackers, who demanded a payment of 20,000 bitcoins ($7.2 million) to cease their attempted banking site disruptions. Security experts say such attacks are on the rise.
The quantity and duration of distributed denial-of-service attacks continue to increase. The latest attacks are being launched via MySQL servers infected with Chikdos malware, as well as compromised Internet-connected CCTV systems, researchers say.
The prices for stolen payment card data and other cybercrime products and services on Russian underground forums continue to fall. But the cybercrime ecosystem is more automated, effective and robust than ever, Trend Micro reports.
Leading this week's industry news roundup, FireEye Inc. announced the rollout of FireEye OS 7.1., an update to the FireEye OS. See additional news from Arbor Networks, HID Global and more.
The financial services industry is not collaborating effectively to address online payment risks, says Scott Dueweke of Booz Allen Hamilton, who offers insights on effective fraud-fighting steps.
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