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73% of organisations across the globe have suffered a DDoS attack

A new report from analytics firm Neustar has brought to light the amount of companies around the world who have suffered a DDoS attack, and how they are working to mitigate them. Nearly three-quarters (73 percent) of organisations worldwide have suffered a DDoS attack and 76 percent are investing more in response to the threat of such attacks.  For its new global report, Neustar studied 1,002 directors, managers, CISOs, CSOs, CTOs and other C-suite executives to discover how DDoS attacks are affecting them and what they’re doing to mitigate the threat. Respondents represent diverse industries such as technology (18 percent), finance (14 percent), retail (12 percent) and government (seven percent) in North America, EMEA, and Asia Pacific. In EMEA, 75 percent of organisations were attacked. Nearly half (48 percent) were attacked six or more time and 32 percent encountered malware after a DDoS attack. Almost a quarter (21 percent) of attacked organisations reported customer data theft and 70 percent of those specific respondents said they learned of the attack from outside sources, such as social media. Globally, 30 percent of organisations took less than an hour to detect a DDoS attacks. In  EMEA, 37 percent of organisations took three or more hours to detect attacks. Despite only two percent of reported attacks exceeding 100+ GBPS, recent DDoS attacks have reached over 620 Gbps and up to almost 1 Tbps in attack size. Organisations are seeking to stay one step ahead of the game and protect against DDoS attacks. To prevent and protect against future attacks, organisations are using: Traditional firewall ISP based prevention (53 percent) Cloud service provider (47 percent) On-premise DDoS appliance and a DDoS mitigation service (36 percent) DDoS mitigation service (29 percent) DDoS mitigation appliance (27 percent) CDN (14 percent) WAF (13 percent) No DDoS protection is used in four percent of organisations. Nearly two-thirds (61 percent) have adopted and actively use IoT devices. In all, 82 percent of IoT adopters experienced an attack compared to just 58 percent of those who have not yet done so. Moreover, 43 percent of IoT adopters that were attacked are investing more than they did a year ago. In emailed commentary to  SCMagazineUK .com, Paul McEvatt, senior cyber-threat intelligence manager, UK & Ireland at Fujitsu said, “This latest report revealing the different levels of DDoS attacks has really highlighted the issues with the security of Internet of Things devices, with 82 percent of IoT adopters having experienced an attack compared with just 58 percent of those who have not yet done so. When internet-connected devices are hacked, it again brings to the surface the security risks we face as technology touches every aspect of daily life.  McEvatt added, “The issue is that businesses are failing to understand what is needed for a robust application of security from the outset, whether that’s for routers, smart devices or connected cars. Various attackers use online services to look for vulnerable IoT devices, making organisations an easy target for low-level cyber-criminals. The worrying reality is that security is often an afterthought and security fundamentals are still not being followed such as changing default passwords. Many of the cameras used in the recent DDoS attacks were shipped and left connected to the internet with weak credentials such as root/pass, root/admin or root/1111111, so it is little wonder these devices continue to be compromised.” Source: http://www.scmagazineuk.com/73-of-organisations-across-the-globe-have-suffered-a-ddos-attack/article/527211/

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73% of organisations across the globe have suffered a DDoS attack

Brute-force bot busts shonky PoS passwords

RAM scrapers foisted on 60 terminals A botnet has compromised 60 point of sale (PoS) terminals by brute-force password attacks against poorly-secured connections, FireEye researchers say.…

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Brute-force bot busts shonky PoS passwords

Facebook scuttles 250k-strong crypto-currency botnet

As noose tightens, VXer pleades: ‘Stop breaking my ballz’ Facebook has taken down a Greek botnet that at its peak compromised 50,000 accounts and infected 250,000 computers to mine crypto-currencies, steal email and banking details and pump out spam.…

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Facebook scuttles 250k-strong crypto-currency botnet

Cybercrooks breed SELF-CLONING MUTANT that STEALS your BANK DETAILS

Fresh Cridex variant plays merry hell via email Cybercrooks have put together a botnet client which bundles in worm-like functionality that gives it the potential to spread quickly.…

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Cybercrooks breed SELF-CLONING MUTANT that STEALS your BANK DETAILS

Sysadmins rejoice! Patch rampage killing off nasty DDoS attack vector

Server fleet open to NTP attack drops from 400k to just 17,000 Sysadmins rejoice! NSFOCUS researchers say hundreds of thousands of Network Time Protocol (NTP) servers have been patched, reducing the threat from some devastating and cheap distributed denial of service (DDoS) attacks.…

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Sysadmins rejoice! Patch rampage killing off nasty DDoS attack vector

Got a botnet? Thinking of using it to mine Bitcoin? Don’t bother

McAfee says crooks will be better off sticking to spam and DDoS Despite an increase in popularity over recent months amongst botnet operators, malware-powered Bitcoin mining brings little to no financial return, say experts.…

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Got a botnet? Thinking of using it to mine Bitcoin? Don’t bother

‘Most sophisticated DDoS’ ever strikes Hong Kong democracy poll

Cloudflare claims tip-off allowed it to tip traffic into sinkholes One of the largest and most sophisticated distributed denial of service (DDOS) attacks has hit a controversial online democracy poll canvassing opinion on future Hong Kong elections.…

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‘Most sophisticated DDoS’ ever strikes Hong Kong democracy poll