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.
Given the growing threat posed by distributed denial-of-service attacks, building an effective risk mitigation strategy is more important than ever, says Andy Ng, CEO at Nexusguard.
A man from the state of Washington has been sentenced to 13 months in federal prison for his role in developing the Satori botnet, which was used to conduct several large-scale DDoS attacks. The Justice Department also unsealed indictments naming co-conspirators.
A massive DDoS attack generating 809 million packets per second was recently directed against a large European bank, according to the security firm Akamai, which describes in a new report the unusual approach the attackers took.
In a video interview, a panel of experts describes why implementing a "zero trust" architecture for the remote workforce during the COVID-19 pandemic requires redefining access control and security strategies.
Can you "big tech" a way out of a pandemic? Many governments around the world are trying, and Australia is joining the herd with a contact tracing app. But Australia has a splotchy record of large government tech projects, including in health, that may result in low voluntary adoption of an app.
Dutch police have shut down 15 DDoS booter sites over the course of a week. Meanwhile, they've arrested a 19-year-old in connection with DDoS attacks on two government websites.
Distributed denial-of-service attacks are spreading to new channels, including the internet of things, says Netscout's Hardik Modi, who offers insights from a new threat intel report.
The British government continues to delay deciding whether it will ban Chinese networking gear from its national 5G rollout, as the Trump administration demands. But with future trade deals on the line as the U.K. navigates its "Brexit" from the EU, Britain cannot afford to anger either Beijing or Washington.
To help security practitioners address their cybersecurity challenges, ISMG is hosting a Cybersecurity Summit on Nov. 21 in Mumbai, best practices in tackling cybersecurity issues. Among the speakers: Loknatha Behera, Kerala's state police chief, and former Supreme Court Justice B. N. Srikrishna.
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