Hackers have reportedly demanded a ransom from Bank of Montreal and Simplii Financial in exchange for not dumping 90,000 customers' account details on a fraud forum. The FBI says online extortion and ransomware remain the top two types of cybercrime it's seeing today.
John Gammell of New Mexico has been sentenced to serve 15 years in prison for launching DDoS attacks against prior employers and business competitors, as well as for being a convicted felon in possession of firearms.
DDoS attacks are morphing from being political statements to a diversion while other forms of attacks are occurring, says Arbor Network's Mike Boose, who describes new threat vectors and best practices for mitigation.
What matters most, right now, to the information security community? At RSA 2018, RSA's president said WannaCry was a wakeup call for vulnerability and risk management. Other experts see artificial intelligence, machine learning and secure coding as hot trends.
Police have taken down Webstresser, a leading stresser/booter service tied to 4 million on-demand DDoS attacks, which could be used for as little as $15 per month. Six of the site's administrators have been arrested, as have some of the site's top users, authorities say.
Four Singapore universities were allegedly attacked by an Iranian hacking group accused of stealing more than 31 terabytes of data from universities all over the world, local officials confirmed. Some 52 accounts were targeted.
Multivector distributed denial-of-service attacks are having a bigger impact than simple volumetric attacks, says Brian McCann, president of Netscout's security business unit, who analyzes the latest trends in an in-depth interview.
More than 95,000 servers that run the open source Memcached utiltity appear to remain vulnerable to being abused to launch massive DDoS attacks, with one such attack reaching a record 1.7 terabits per second. Here's how organizations and IT administrators must respond.
Too many organizations lack an effective strategy for using the latest security technologies to protect their data centers, says Sridhar Pinnapureddy, founder and CEO at CtrlS Datacenter, Asia's largest Tier 4 data center.
In a groundbreaking prosecution, two individuals in Ukraine have been sentenced for running extortion campaigns that disrupted international victims' websites with massive DDoS attacks unless they paid bitcoin ransoms of up to $10,000.
Say hello to a new type of DDoS attack: UDP amplification via internet-facing servers running memcached, an open source distributed caching system that can be abused to amplify DDoS attacks by a factor of 50,000.
Despite the millions of dollars companies invest in cybersecurity programs, advanced persistent attackers constantly devise new means of breaking into corporate environments. How can deception technology offer a new alternative? Ofer Israeli of Illusive Networks explains.
Arkansas developer Taylor Huddleston has been sentenced to serve more than two years in prison for developing, marketing and selling two tools designed to be used maliciously - the NanoCore remote access Trojan and Net Seal license software.
Australia's real-time payments platform, which launched last week, includes a feature designed to reduce fraud and erroneous payments. Ironically, the feature may also expose users to social engineering attacks.