Last week HSBC’s online banking website was taken down by a DDoS attack, leaving thousands of customers unable to access its services.
DDoS attacks are becoming increasingly larger, more complex, and perpetrated by cyber extortionist instead of hacktivists and vandals, the results of Arbor Networks' 11th Annual Worldwide Infrastructure Security Report have revealed.
As outlined in the Global Application and Network Security Report 2015-2016, Radware found that throughout 2015, no industry was immune to cyber attacks, and few were prepared.
On 15 and 16 December, law enforcement agencies from Austria, Bosnia and Herzegovina, Germany and the United Kingdom joined forces with Europol in the framework of an operation against the cybercriminal group DD4BC (Distributed Denial of Service – DDoS - for Bitcoin).
According to recent research from Kaspersky Lab and B2B International, nearly half (48 per cent) of the companies surveyed believe they know the identity and motivation of those behind recent DDoS attacks against them, with many naming competitors as key culprits.
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