DDoS attacks can wreak havoc on your company’s efficiency if you’re not careful. The Mirai botnet — malware that can be used for large-scale network attacks — can often go undetected due to common oversights and lack of preparation. It may be daunting to think about how IoT devices that make your company run smoothly can be used against you; however, it doesn’t take much time to set up multiple precautions to prevent it. Below, executives from Forbes Technology Council highlight simple and cost-effective ways that you can safeguard your company from baleful botnets. 1. Start By Looking At Your Infrastructure There are many botnets, Mirai just happens to be one of the largest known ones. Technology companies need to start developing more secure products rather than security being an afterthought. Firms need to look at their internet infrastructure to funnel botnet traffic away from their core business to enable the business to function when these attacks occur. – Heeren Pathak, Vestmark 2. Understand That Anyone Can Be A Target It’s very important to understand that anyone can be a target, no matter if you are a big or small company. If being offline just for a few minutes can cause a big economical impact, then you definitely should find a trusted partner that offers good solutions to mitigate against DDoS attacks. There are some companies offering this kind of service, but a quick Google search should be handy. – Cesar Cerrudo, IOActive 3. Choose The Right Hosting Partners No matter your line of business, your public-facing websites are potential targets of massive DDoS attacks. For business without a dedicated team of security experts, it’s important to choose the right hosting partners. For many customers of AWS, you automatically received free protection against some forms of attacks similar to Mirai botnet with the release of AWS Shield in December of 2016. – Jamey Taylor, Ticketbiscuit, LLC 4. Monitor Your Traffic Companies need to be skeptical of any device they have hanging on their networks. The average company now needs to apply firewall rules on a device-by-device basis, anticipating the possibility of a printer, web camera or AV control system becoming infected. Smart traffic monitoring software and methods of quarantining devices should be commonplace. – Chris Kirby, Voices.com 5. Set Strong, Custom Passwords IT security organizations should ensure their IoT devices have no direct public management access from outside the network. If an IoT device must be managed remotely through publicly accessible IPs, change the management password on the device from the default to a strong, custom one. IT admins need to put intrusion prevention, gateway anti-malware and network sandbox solutions at the network perimeter. – Bill Conner, SonicWall 6. Don’t Rely On The Internet Nearly all consumer products are computer-based in today’s marketplace, which makes reliance on the internet dangerous to a product’s infrastructure. That said, Cloudflare, Akamai and Dynect are solution services that will act as a protective wall for your servers and prevent large-scale network attacks. – Pin Chen, ONTRAPORT 7. Have The Right Company Policies In Place Technology companies should have policies in place to make sure IoT devices default factory credentials are changed as soon as they are procured. Will this guarantee they will never get infected with Mirai botnet? No. But this basic step along with modifying factory default privacy and security settings, firmware updates, audits, etc. will reduce the chances of an IoT device being infected. – Kartik Agarwal, TechnoSIP Inc 8. Cooperate And Act Mirai shows how an internet of everything can cause new kinds of net-quakes. Attackers can fire so much hostile traffic at one target that it takes down entirely unrelated sites nearby, in effect, causing major collateral damage. Unfortunately, there’s no simple defensive fix — it takes cooperation and active network control to deflect traffic tsunamis. – Mike Lloyd, RedSeal 9. Be Prepared Large-scale network attacks are not going away, and technology companies need to ensure they’re prepared. Doing a security audit of what protections are currently in place, and looking for existing holes that need to be plugged, is a good place to start. Also, make sure any IoT devices used at your company have security in place to prevent them from becoming part of this bot army. – Neill Feather, SiteLock Source: https://www.forbes.com/sites/forbestechcouncil/2017/03/16/nine-ways-to-protect-your-technology-company-from-ddos-attacks/2/#73d67f6a7178
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Nine Ways To Protect Your Technology Company From DDoS Attacks

TAIPEI (Taiwan News)—Most denial-of-service (DDoS) attacks launched by hackers from Feb. 15 to March 14, 2017 in Taiwan targeted the high-tech industry, according to statistics compiled by leading global content delivery network provider Akamai Technologies. Industries in Taiwan that were most severely attacked by hackers were the high technology industry (61.8 percent), manufacturing industry (17.6 percent) and the financial services industry (7 percent), according to statistics compiled by Akamai’s intelligent platform that delivers 30 percent of the global Internet traffic. Industries in Taiwan under DDoS attacks from February 15 to March 14, 2017. (Taiwan News) The majority of the hacks were launched from IP addresses in Taiwan, followed by Alabama in the U.S., and Brazil. “It is often a misconception that most attacks are launched from abroad,” said Akamai’s Security Business Unit director Amol Mathur. “Attacks are coming both domestic and outside.” The premium CDN provider works customizes solutions for clients from different industries in Taiwan, including hospitality, banking, travel and airline services. Taiwan’s financial institutes are still recovering from a cybersecurity scare last month, in which 15 banks received threats from an anonymous hacker group to shell out 10 Bitcoins each (equivalent to US$10,466), or brace themselves for DDoS attacks that would compromise their server systems. DDoS attacks launched by hackers often compromise institute’s servers data processing capacity by delivering a sudden deluge of data that overtakes bandwidth resources, for instance if the company server bandwidth only allows 10 Gigabyte per second (Gbps) of capacity it can be paralyzed by a 100 Gbps attack. Hackers might use DDoS as a distraction to conceal other malign operations, such as stealing personal information or credential theft, added Mathur. Industries affected by hacker attacks vary monthly, depending on whether there is a major geopolitical event, said Mathur. For instance global hacker group Anonymous took down the London Stock Exchange system for two hours as part of its campaign against global central banks in June 2016. Mathur advised banks should not heed hacker demands to pay ransom. “In real life you would not pay ransom, so why would you pay hackers,” he said. The cybersecurity expert noted a rise in DDoS attacks globally during the fourth quarter of 2016, and pointed out DDoS attacks data size was increasing exponentially every quarter. Globally, attacks over 100 Gbps jumped 140 percent year-on-year during 4Q16, with the largest-size attack recorded reaching 517 Gbps, according to the Akamai “Fourth quarter 2016 State of the Internet/Security Report.” Mathur noted the cause of increased DDoS attacks was partly due to easy access for people to rent bots online, for as cheap as US$10 by going to a site and simply keying in the website address. Hackers can generate a monthly income of US$180,000 to US$200,000 from bot rentals. It remains extremely difficult for law enforcement agencies from a single country to track down hackers that spread the attacks launched by rented bots around the globe, and hide behind the protection of anonymity offered by the dark web. Additionally, the preferred Bitcoin currency used for business transactions by hackers is hard to trace to an IP address, explained Mathur. Introduction of mobile devices, mobile payment, IP surveillance cameras and emerging Internet of Things (IoT) trends introduce new cybersecurity vulnerabilities as hackers can utilize attacks through large number of connected devices. The Mirai bot for instance exposed vulnerabilities in the default user administrator name and passwords used by thousands of connected IP surveillance cameras and their DVR worldwide, said Mathur. He urged the IoT industry to form a joint standard, and for countries to start implementing regulations that set cybersecurity standards for connected devices. Hackers are also finding ways to target vulnerabilities in smartphone application programming interface (API) to obtain credentials, and data from mobile transactions. Apple Pay and some other mobile payment technologies periodically publish white papers announcing how it is securing data, but are mostly for tech savvy readers, said Mathur. One way consumers can safeguard credit card transactions is to check if the online shopping sites or App they use have The Payment Card Industry Data Security Standard (PCI DSS), noted Mathur. The proprietary information security standard launched nearly a decade ago by major credit card companies Visa, MasterCard, American Express, JCB and others follows a stringent standard and heavily fines companies that do not follow its compliance. Source: http://www.taiwannews.com.tw/en/news/3117326