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Europol's "Internet Organised Crime Threat Assessment 2019" report outlines how DDoS attacks are among the biggest threats reported in the business world. The favorite DDoS targets of criminals in 2019 were banks and other financial institutions, along with public organizations such as police departments and local governments. Travel agents, Internet infrastructure, and online gaming services were also in the cybercriminals' crosshairs. Some arrests were made, but they had no noticeable impact on the growth rate of DDoS attacks or on the Dark Web infrastructure that makes them possible, according to Europol. how do you ddos ? While many DDoS attacks go unreported and unnoticed, some are making the news. In October, a major DDoS attack roughly eight hours long struck Amazon Web Services (AWS), making it impossible for users to connect because AWS miscategorized their legitimate customer queries as malicious. Google Cloud Platform experienced a range of problems at...

The sophistication of cybercriminals and the attraction of the “Black Hat” cyberspace have grown dramatically over the years. In the past, cyber assaults were carried out mostly by amateurs, motivated by boredom or plain curiosity. Nowadays, such activities might be the work of successful business ventures, holding big financial stake in their success. With increasing professionalism, the attack tactics continue to evolve, giving rise to new multi-team and multi-vector attacks. The decoy Large scale DDoS attacks slow down a company’s day-to-day operations, sometimes bringing them to a complete halt. During such an attack the whole IT team, often already thinly spread, can become completely engaged in restoring the infrastructure functionality, leaving other areas unattended. Denial of service attack definition However, a DDoS might be aimed at more than just disrupting service. In recent years we’ve witnessed cases where large service disruptions came in parallel with other at...

OKEx and Bitfinex have suffered DDoS attacks in a short time frame. Distributed denial-of-service (DDoS) attacks are malicious attempts at disrupting normal traffic of targeted service and a major concern in internet security today. While being more effective at defending themselves and resolving the issues caused by DDoS attacks, tech giants are no exception and still face these threats. how does a ddos attack work ? OKEx, a top of the line cryptocurrency exchange and advanced financial service provider, made an announcement on Weibo, stating that they had been targeted for a DDoS attack last night. However, their support team was able to detect the attacks early on and resolve the issues rather quickly, assuring that no clients had been affected by the attack. While the exact source of the attack is unknown, OKEx believes it to be an attack orchestrated by a competitor. Jay Hao, CEO of OKEx, commented on the subject by saying that the products and technologies of their com...

DDoS attacks happen every day. Well-prepared organizations can repel an attack with few repercussions. Poorly-prepared organizations sustain the attack, often to their detriment. They experience downtime, lost business, and customer loss of confidence, and they might even be subjected to ransom demands. Lately there has been a rash of attacks where the perpetrators have demanded a ransom paid in Bitcoins in order to avoid or stop the attack. how to report a ddos attack ? Whatever the circumstances, many attacks have one thing in common: the victim organization rarely reports the crime to law enforcement if they don't “have to.” The reasons for no report range from not wanting to garner the attention that an investigation would bring, to the belief that the attackers will never be brought to justice anyway, so why bother? Of course, some attacks are so high profile that law enforcement feels compelled to get involved. Fortunately for everyone, the “lack of justice” excuse is ...

Don’t let the DDoS attack interrupt your business operation for reputational and financial loss. Use cloud-based denial of service protection to prevent getting hacked. Denial-of-service attack definition Anyone with bad intentions can hire a hacking service for a targeted attack. Malware tools are accessible, easy to use, and effective. Not just large companies, but cybercriminals are looking for any size vulnerable victims, including personal blogs, e-commerce shops, small to medium businesses. One type of attack is particularly dangerous and increasingly common. It is called distributed denial of service attack, or DDoS for short. In a DDoS attack, a set of compromised, distributed systems –could be servers, home computers, Internet-of-Things devices, anything connected to the internet– is used to overwhelm a targeted system with a flood of requests, to the point in which the attacked system gets saturated enough to refuse to work. Since the flood comes from many scattered...