Tag: DDos

Cyber Criminals Target Bank of China for Bitcoin Ransom

Business, Cyber Security
Cyber criminals attacking businesses for bitcoin has spread from the West to the Far East, as new attacks are being reported by some of the world’s top Asian banks. The Bank of China and the Bank of East Asia have been attacked in recent days by hackers looking for Bitcoin ransom, according to Hong Kong’s The Standard news feed. These hackers have damaged the bank’s websites, and they are believed to not be domestic but foreign criminals, reports cryptocoinsnews.com. Cyber Criminals Say Attacks Will Continue The attackers claim to want bitcoin as ransom, and will resume the digital damage unless they get what they want. Authorities are confirming that the two financial institutions have claimed to be targeted in this manner, with their business websites suffering attacks about ten days a

2015: The year the Internet crashes Hard?

Broadband, Business
2014 saw the largest Internet network attacks of all time, fundamental network programs cracked like eggs, and user IDs and passwords leaked everywhere. It will only get worse. An Internet joke that goes back at least to the early 1980s consists entirely of the phrase: “Imminent Death of the Net Predicted!” Every year, even more often than you’d hear “This will be the year of the Linux desktop!” someone would predict that the Internet was going to go to hell in a handbasket — and nothing happened. This year it’s my turn, but I fear I’m going to be proved right. Steven J. Vaughan-Nichols Reports Here’s why. Take a good look at what happened to the Internet in 2014. In February we saw the biggest distributed denial-of-service (DDoS) attack of all time. It hit a high of 400 gigabits per

Ukraine may get own social network — soonest DDoS attacks stop

Cyber Security, Internet, Mobile, social media
Ukraine may soon get its very own social network, Mashable has learned, but its debut is being delayed by ongoing DDoS attacks. The social network, which will live at WeUA.info (slogan: "We live for Ukraine), was scheduled to go live Monday night, but has not been able to launch due to a sustained attempt to keep it offline. "We have not opened the website for the public yet, although we are already seeing very strong DDoS attacks," WeUA's founder, Bogdan Oliyarchuk, told Mashable via email. "We see deliberate attacks every day." Oliyarchuk added that while it is difficult to track where the attacks are coming from, he has information that suggests the attacks are coming from Russia — and elsewhere in Ukraine. It's events like these that inspired Oliyarchuk to develop WeUA, get it out o

Corporate threats: 91% of the organizations polled suffered a cyber-attack says Kaspersky Report

Cyber Security
05 Dec 2013 Virus News Companies are increasingly falling victim to cyber-attacks. According to a recent survey conducted by Kaspersky Lab and B2B International, 91% of the organizations polled suffered a cyber-attack at least once in the preceding 12-month period, while 9% were the victims of targeted attacks - carefully planned activity aimed at infecting the network infrastructure of specific organization. And these are just self-estimated calculations. The extensive use of digital devices in business has created ideal conditions for cyber-espionage and the deployment of malware capable of stealing corporate data. The potential is so great that malicious programs may soon completely replace company insiders as the way of gathering information. The main corporate findings of the year: ...

Spamhaus DDoS grows to Internet-threatening size

Business, Cyber Security
Last week, anti-spam organization Spamhaus became the victim of a large denial of service attack, intended to knock it offline and put an end to its spam-blocking service. By using the services of CloudFlare, a company that provides protection and acceleration of any website, Spamhaus was able to weather the stormand stay online with a minimum of service disruptions. Since then, the attacks have grown to more than 300 Gb/s of flood traffic: a scale that's threatening to clog up the Internet's core infrastructure and make access to the rest of the Internet slow or impossible. It now seems that the attack is being orchestrated by a Dutch hosting company called CyberBunker. CyberBunker specializes in "anything goes" hosting, using servers in a former nuclear bunker (hence the name). As long...