Thanks to bots and the rise of financially-driven cybercrime, the menace of distributed denial-of-service (DDoS) attacks are too real to ignore -- defending against such attacks however is driving collaboration between ISPs and top tier telcos to push security to the cloud.
The National Australia Bank is teaming up with Macquarie University to develop methods to pre-empt cyberattacks on financial institutions.
Denial-of-service attacks are growing faster than bandwidth is being added to the Internet, according to VeriSign, the company that administers the .com domain.
About 10 million LiveJournal and TypePad blogs were offline or barely reachable for several hours on Tuesday as the result of a massive denial-of-service attack.
A cyberattack that shut down Blue Security also felled thousands of blogs when the antispam site deflected the malicious hits, analysts said.
The world of IT security is in chaos, with CSOs seemingly on the front lines of a full scale global cyberwar being fought out by government hackers, botnet-controlling criminal gangs and compromised Web sites. Can we ever hope to keep networks safe in such an environment?
Just as Internet users learn that clicking on a link in an e-mail purporting to come from their bank is a bad idea, phishers seem to be developing a new tactic -- launch a DDoS attack on the Web site of the company whose customers they are targeting and then send e-mails "explaining" the outage and offering an "alternative" URL.
Botnet operators have become public enemy number-one as consumers, businesses and governments fall foul to identity theft, DDoS attacks and spam. Yet no one appears to be able to stop the spread of bots -- except maybe the media.
Security researchers have been infiltrating denial of service 'botnets' to study what may be an unstoppable Distributed Denial of Service (DoS) technique.
The idea that attacks on computer systems could provide an alternative method of spreading terror and disruption has been a concern for governments since IT systems began to proliferate.
Plans are afoot to attack spammers by launching the kind of cyber-attack favoured by organised crime and hackers with an axe to grind.
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