Monthly Archives: November 2020

Attacks are rising in all vectors and types

DDoS, web application, bot, and other attacks have surged exponentially compared to the first half of 2019, according to CDNetworks. In particular, attacks on web applications rose by 800%. These alarming statistics show that enterprises are experiencing challenging times in their attempts to defend against cyber attacks and protect their online assets. Hackers extremely sensitive to industry transformation The report goes on to say that hackers are extremely sensitive to industry transformation. For this reason, … More ? The post Attacks are rising in all vectors and types appeared first on Help Net Security .

View original post here:
Attacks are rising in all vectors and types

Cyber insurance claims on the rise

External attacks on companies result in the most expensive cyber insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of claims by number, according to a report from Allianz Global Corporate & Specialty (AGCS). The study analyzes 1,736 cyber-related insurance claims worth EUR 660mn (US$ 770mn) involving AGCS and other insurers from 2015 to 2020. “Losses from incidents such as distributed denial of service (DDoS) attacks or phishing … More ? The post Cyber insurance claims on the rise appeared first on Help Net Security .

Read More:
Cyber insurance claims on the rise

In 2016 Australia’s online census failed. Preparations for the 2021 edition have been rated ‘partly effective’

Devs can make unauthorised changes, data integrity is a work in progress, security is not there yet … and there’s just nine months to go In 2016 Australia’s online census crashed and burned after legitimate attempts to complete the survey were mistaken for a DDOS attack, the routers funneling traffic failed and disaster recovery plans did likewise.…

Continue reading here:
In 2016 Australia’s online census failed. Preparations for the 2021 edition have been rated ‘partly effective’

New Kasada API protects from botnet attacks and targeted fraud

Kasada, provider of the only online traffic integrity solution that accurately detects and defends against bot attacks, announced the introduction of Kasada API, which protects an organization’s web and mobile APIs from automated botnet attacks and targeted fraud. If left unprotected, an organization’s most sensitive API endpoints (i.e. authentication, account creation, and handling sensitive data) can be quickly exploited by attackers, giving them a direct path into the organization. Gartner predicts that by 2022, API … More ? The post New Kasada API protects from botnet attacks and targeted fraud appeared first on Help Net Security .

See the original article here:
New Kasada API protects from botnet attacks and targeted fraud

Russian jailed for eight years in the US for writing code that sifted botnet logs for web banking creds for fraudsters

Harvested usernames, passwords used to drain victims’ coffers A Russian programmer has been sentenced to eight years behind bars in America for his part in a massive cybercriminal network that hacked into and drained victims’ bank accounts.…

Continued here:
Russian jailed for eight years in the US for writing code that sifted botnet logs for web banking creds for fraudsters