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."
The second quarter of 2015 set a record for the number of distributed
denial of service (DDoS) attacks recorded - more than double what was reported in q2 2014. The profile
of the typical attack, however, has changed. In q2 last year, high-bandwidth,
short-duration attacks were the norm, driven by the use of...
The Onion Router (Tor) - an open source software- uses a concept called onion routing, which ensures the entry node
to a network is not the same as the exit node. This process creates anonymity for
the client when interacting with the destination system. By hopping among internal
nodes, it could theoretically be...
The Irish Reporting and Information Security Service's IRISSCON Cyber Crime Conference is due to touch on DDoS, fraud, breach response, malware, social engineering, the Paris terror attacks and more.
Distributed-denial-of-service attacks on banks are more powerful than ever, but we hear less about them than we did three years ago. How have attackers changed their tactics, and why should we be even more concerned about their strikes?
Buoyed by massive illicit profits, cybercriminals have continued to refine their ransomware attacks, including updating their crypto techniques to foil decryption tools, encrypting file names and threatening to leak stolen secrets.
The FFIEC has issued an alert calling on financial institutions to take specific risk mitigation steps in light of an increase in the frequency and severity of cyberattacks involving extortion. Fraud experts applaud the move while offering additional recommendations.
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.
Most fraud involves the use of false or anonymous identities. Banks are fighting back with tools and solutions designed to verify identity or at least raise red flags before fraud occurs. Neustar sponsored a survey with American Banker of over 230 top senior financial executives, within fraud mitigation and risk...
The Q2 2015 State of the
Internet-Security Report builds on the significant changes
made in last quarter's report. In this edition, attack data
previously published in the classic State of the Internet
Report is combined with the data previously published in the quarterly
Prolexic DDoS Attack Report. The two...
Threat intelligence is only useful if you can take action quickly to protect networks,
systems and data. It is not a question of receiving intel on attacks, but rather: What data should you use to find
indicators of critical security threats?
Today, none of us are immune to the impact of botnets on...
In August 2015 the Financials sector received a risk score that was below the sector's six month average, indicating a decrease from the usual level of risk.
Banks were once again the top trending subgroup within the sector as several banks experienced distributed denial-of-service attacks that led to...
By making servers or services unavailable, DDoS attacks can be crippling to both an organization's finances and its brand reputation. Once all the costs of an attack were factored in - reactive spending on software or infrastructure, brand management repair, increased insurance premiums, security consultant fees - a...
When it comes to enabling digital transformation, financial institutions do not just compete with rival institutions; they compete with the latest, greatest website or mobile app their customers have used. As a result, financial institutions face increasing pressure from their digital customers to embrace...
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