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FBI Links Chinese Government to DDoS Attacks on US Websites

The FBI says it has credible evidence to link the Chinese government to attackers who leveraged two Chinese telecom companies and the Baidu search engine to carry out recent distributed denial of service (DDoS) attacks targeting unnamed U.S. websites. The FBI issued a confidential Flash Alert to U.S. companies alleging that the Chinese government sanctioned activities in which Internet traffic was “manipulated to create cyber attacks directed at U.S.-based websites” using man-in-the-middle (MitM) techniques. “Analysis by the U.S. government indicated that Internet traffic which originated outside China, was intercepted and modified to make unsuspecting users send repeated requests to U.S.-based websites,” the Flash Alert reportedly said. “The malicious activity occurred on China’s backbone Internet infrastructure, and temporarily disrupted all operations on the U.S.-based websites.” Analysis of the attacks revealed that malware was injected into the browsers of users when web traffic reached China Unicom or China Telecom networks – both state-owned telecommunications companies – “at the same points in these routes that censor traffic for the Chinese government.” “The location of the [man-in-the-middle] system on backbone networks operating censorship equipment indicates that the [man-in-the-middle] attack could not have occurred without some level of cooperation by the administrators of these systems,” the Alert said. “The malicious Javascript would direct the unsuspecting user’s browsers to make repeated requests to targeted U.S.-based websites.” While the FBI Flash Alert did not specify which company’s websites were attacked, it is likely that the popular web-based software developers collaboration platform GitHub was among those targeted. Researchers from the University of California at Berkeley, the University of Toronto, and Princeton recently published details of a powerful Chinese MitM tool dubbed the “Great Cannon,” which was used in DDoS attacks targeting websites operated by the anti-censorship project GreatFire.org, and later connected to the attacks on GitHub. “Specifically, the Cannon manipulates the traffic of ‘bystander’ systems outside China, silently programming their browsers to create a massive DDoS attack,” the researchers said. “The operational deployment of the Great Cannon represents a significant escalation in state-level information control: the normalization of widespread use of an attack tool to enforce censorship by weaponizing users.” GitHub was likely targeted because GreatFire.org had begun to mirror some content on the platform. The attacks against GreatFire employed the same techniques as those seen in the GitHub attack, which leveraged hijacked Internet traffic. “The web browser’s request for the Baidu javascript is detected by the Chinese passive infrastructure as it enters China. A fake response is sent out from within China instead of the actual Baidu Analytics script. This fake response is a malicious javascript that tells the user’s browser to continuously reload two specific pages on GitHub.com,” analysis of the attack revealed. This analysis aligns with details of the GreatFire.org attacks which was released previously. “Millions of global internet users, visiting thousands of websites hosted inside and outside China, were randomly receiving malicious code which was used to launch cyber-attacks against GreatFire.org’s websites. Baidu’s Analytics code (h.js) was one of the files replaced by malicious code which triggered the attacks,” officials at GreatFire.org said. “Baidu Analytics, akin to Google Analytics, is used by thousands of websites. Any visitor to any website using Baidu Analytics or other Baidu resources would have been exposed to the malicious code.” GreatFire.org said it has conclusive evidence that the Chinese government using the nation’s infrastructure to conduct the attacks, and had previously published a detailed report, which was further backed up by the analysis provided by the university researchers. “We show that, while the attack infrastructure is co-located with the Great Firewall, the attack was carried out by a separate offensive system, with different capabilities and design, that we term the Great Cannon,” the researchers wrote. “The Great Cannon is not simply an extension of the Great Firewall, but a distinct attack tool that hijacks traffic to (or presumably from) individual IP addresses, and can arbitrarily replace unencrypted content as a man-in-the-middle.” Source: http://en.hackdig.com/06/23256.htm  

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FBI Links Chinese Government to DDoS Attacks on US Websites

Hacker Group DD4BC New DDos Attacks

DD4BC Launches New Wave Of DDoS Attacks The extortionist group DD4BC is believed to be connected to a new wave of distributed denial of service (DDoS) attacks against organizations based in Australia, New Zealand, and Switzerland. The group is asking for 25 BTC from those affected in exchange for giving up the flood of inbound data that has resulted in the recipient sites becoming inaccessible. Recently, DD4BC was mentioned in a warning published by the Swiss Governmental Computer Emergency Response Team (GovCERT). GovCERT is a branch of MELANI, a national agency that deals with cyber security issues. The warning read: “In the past days MELANI / GovCERT.ch has received several requests regarding a distributed denial of service (DDoS) extortion campaign related to ‘DD4BC’.” As per the New Zealand government, the extortion attempts seemingly begin with a short DDoS attack that is meant to reflect the possible impact after the ransom demand has been made. DD4BC has been linked to previous attacks on digital currency websites and businesses. The attacks include extortion attempts made against various well-known mining pool operators. GovCERT confirmed that it had so far received reports from several high profile targets, stating that some of the organizations were the victims of a wave of DDoS attacks. DD4BC’s activity has been on the rise recently, with the new wave of attacks beginning at the start of March. “ While these attacks have targeted foreign organizations in the past months, we have seen an increase of activity of DD4BC in Europe recently. Since earlier this week, the DD4BC Team expanded their operation to Switzerland, ” stated GovCERT. GovCERT also asked those affected by the attacks to not pay the ransom. Rather the agency has advised victims to file a police report and seek additional mitigation support from their Internet service provider. The news of the New Zealand attacks became public at the start of May after the New Zealand National Cyber Security Centre (NCSC) issued a warning regarding DDoS attacks on local organizations. While the agency did not specify who the perpetrator behind the attacks was, it did confirm that an investigation into the attacks was ongoing. Barry Brailey, chairman of Cybersecurity nonprofit New Zealand Internet Task Force, confirmed the link between DD4BC and the recent DDoS attacks in New Zealand. “ Yes, [the series of attacks] appears to be linked to the group/moniker ‘DD4BC’, ” he said. Other companies who have fallen victim to the group include BitBay, BitQuick, Coin Telegraph, Expresscoin, and Bitalo- who created a 100 BTC bounty after it was attacked. Source: http://bitcoinvox.com/article/1674/hacker-group-dd4bc-new-ddos-attacks

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Hacker Group DD4BC New DDos Attacks

Michigan High School Student Facing Charges After lauching DDoS attack on School Network

A student at Monroe High School in Monroe, Michigan, was recently caught conducting a distributed denial of service attack (DDoS), and Monroe Public Schools Superintendent Barry Martin says the district will be pressing charges. Over a period of two weeks, the unnamed student managed to take the network down for ten to fifteen minutes at a time during the school day. This had a heightened effect on the district, as modern-day high schools rely heavily on the Internet for administration as well as classroom instruction. “We are so reliant on the Internet that we can’t afford to have down time,” said Stephen McNew, the superintendent of the district in which the student attended school. No Sensitive Data Compromised Despite having success at being disruptive, an act that the student considered to be a prank, no sensitive documents, e-mails, or files were ever compromised, which should contribute greatly to his defense. Merely disrupting communications is far less of a crime than is stealing sensitive information about other students or private communications between staff members. “A Good Student” Barry Martin called the alleged hacker “a good student” in comments to the Monroe News but said that this act could not be tolerated, and charges would be filed. DDoS is a federal felony, but from the sounds of it, the FBI has not yet been involved in the case. It is taken very seriously when the targets are larger organizations or government institutions, and ordinarily those who are serious about conducting DDoS attacks are careful to cover their tracks. It is not yet evident how the student was found to be a suspect in the case, but in the town of roughly 20,000 people, the pool of likely suspects is rather slim. The profile would be a student with high grades and extreme computer aptitude. This would make the pool of likely suspects even smaller. The way that high schools often conduct such investigations, the student would have been brought in front of a police officer and interrogated until he confessed. Like as not, school officials would pretend to know already that he was guilty, and he would confess. Equally as likely, the student bragged about it to another student, who then turned him in. Another thing that the administrators said about the student was that he probably didn’t know the seriousness of what he was doing. This is in line with existing research that has concluded that adolescents are less likely to consider the consequences of their actions before taking them. Locals Have Mixed Feelings Many locals on the Monroe News Facebook page felt that a felony would be too stern a response for the gifted student’s prank. After all, in the end, the one thing he illustrated was that the school district had a weak network infrastructure that needs upgrading. Especially if, as administrators have said, they are extremely reliant on the Internet in daily teaching. Source: https://hacked.com/michigan-high-school-student-facing-charges-ddosing-school-network/

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Michigan High School Student Facing Charges After lauching DDoS attack on School Network

Tengrinews experiences largest DDoS attack in Kazakhstan

Tengrinews news website has experienced an DDoS-attack today, a correspondent of the portal reports. “Today, starting from 9 a.m. Tengrinews.kz website was under a massive DDoS-attack (Distributed Denial of Service) aimed at causing a failure of its server. The log analysis showed that during the attack most of the traffic to the Tengrinews.kz servers were coming from infected computers and servers from around the world, including from Israel, and Western European countries: France, Germany, Italy and Spain. The attack was carried out from infected computers from more than 30 countries around the world. The technical department together with Kazakhtelecom information systems directorate limited access to the site to Kazakhstan IPs only for the duration of the attack,” the technical department of Tengrinews said. DDoS is a type of attack aimed to make an online service unavailable by overwhelming it with traffic from multiple sources, often infected with a Trojan virus. It is virtually impossible to stop such an attack by blocking a single IP address. IT-service of the news website said that the DDoS-attack was carried out from around 700 different IP-addresses simultaneously. “The volume of malicious traffic exceeded 3 gigabits per second,” the department said. After the attack ceased the access to the website was fully restored and the limitations were removed. The website is now operating normally. This is the biggest DDoS-attack on a news resources of Kazakhstan so far. Source: http://en.tengrinews.kz/internet/Tengrinews-experiences-largest-DDoS-attack-in-Kazakhstan-259509/

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Tengrinews experiences largest DDoS attack in Kazakhstan

DDoS attacks losing companies business opportunities

Research said organisations fear losing contracts and ongoing business as a consequence Research by Kaspersky has revealed businesses  fear losing clients as a result of DDoS attacks, although the construction industry is more concerned about the cost of eradicating threats. A survey conducted by the security firm in partnership with B2B International revealed 26 per cent of companies  thought the problems caused by such attacks were long-term, meaning they could lose current or prospective clients as a result. 23 per cent said they were concerned a DDoS attack would cause reputational issues, while 19 per cent thought the risk of losing current customers who were not able to access services as a result of an outage was the biggest threat to business . The research revealed that only 37 per cent of the companies surveyed had measures already in place to protect against DDoS attacks. Evgeny Vigovsky, head of Kaspersky DDoS Protection at Kaspersky said: “ People who have not yet faced a particular threat often tend to underestimate it while those who have already experienced it understand which consequences might be the most damaging for them. “However, it makes little sense to wait until the worst happens before acting – this can cost companies a lot, and not only in financial terms. That is why it is important to evaluate all possible risks in advance and take appropriate measures to protect against DDoS attacks.” Of those surveyed, the majority of telecoms, e-commerce, utilities, utilities and industrial companies viewed the loss of business as the main DDoS risk, while construction and engineering verticals explained they were concerned about the cost of implementing  backup systems most. Source: http://www.itpro.co.uk/security/24245/ddos-attacks-losing-companies-business-opportunities

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DDoS attack targets Femsplain on International Women’s Day

Feminist blog Femsplain was taken offline earlier today by a distributed denial of service (DDoS) attack, according to the site’s founder, Amber Gordon. She tells The Verge that the site was offline for roughly three hours before service returned intermittently late Sunday afternoon on the East Coast. The timing seems far from random: today is International Women’s Day. In a tweet, Gordon — best known online as @missambear — shared a screenshot showing the massive influx of traffic from the DDoS attack. Such attacks overwhelm the servers that host websites with a avalanche of requests. According to Gordon, these sorts of attacks are not rare. “We constantly have people attacking us and attempting to bring our website down. It’s unfortunate but the reality of our mission.” She added in comments to The Verge that prior attacks are “never to this severity and I think it’s because it’s International Women’s Day.” Social media accounts taking credit for the attack used the hashtag #internationalwomensday, suggesting the harassment is tied to today’s date. The blog started up late last year as a place for women to discuss topics from online harassment to Gamergate. It has a group of female contributors who publish stories to the site. It also shares reader submissions. Gordon says that “our community is so vocal about supporting us that tons of people were sending messages out on social media to raise awareness that this was happening.” She added, “unfortunately it happened on a day that’s meant to celebrate women.” Source: http://www.theverge.com/2015/3/8/8171269/ddos-attack-targets-femsplain-on-international-womens-day

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DDoS attack targets Femsplain on International Women’s Day

AFP and RBA websites hit by DDoS attacks

The websites for the Australian Federal Police (AFP) and the Reserve Bank of Australia were hit overnight by distributed denial of service attacks claimed to be brought about by Indonesians angry over the leaks that reveal Australian Signals Directorate (ASD) had been tapping the phones of high ranking Indonesian government officials, including President Susilo Bambang Yudhoyono. The AFP’s website was for some time overnight but was restored this morning, with one Twitter user claiming responsibility for bringing the sites down using the hashtags #AnonymousIndonesia and #IndonesiaCyberArmy. The AFP said it was taking the attack “very seriously” but said that no sensitive information was hosted on the public-facing website. “The AFP website is not connected to AFP IT systems. The AFP website is not hosted by AFP ICT infrastructure. It is hosted by a third party hosting provider,” the AFP spokesperson said in a statement. The spokesperson said he was not at liberty to divulge the name of the hosting company. The AFP said the attacks were irresponsible and would not influence government policy. “Activities such as hacking, creating or propagating malicious viruses or participating in DDOS attacks are not harmless fun. They can result in serious long-term consequences for individuals, such as criminal convictions or jail time,” he said. “AFP Cyber Crime Operations identifies, investigates and prosecutes individuals or groups for offences committed against Australian critical infrastructure and information systems.” The RBA’s website was affected by the DDoS attacks, but a spokesperson for the RBA denied that the website had been brought down. “There has been no outage but the Bank’s website has been experiencing access delays for some users,” the spokesperson said. “The bank has DOS protection for its website, which has been effectively deployed. The bank’s website and systems remain secure.” The attacks come as Australia’s relationship with Indonesia continues to strain in the wake of the phone tapping revelations leaked earlier this week by former NSA contractor Edward Snowden. Prime Minister Tony Abbott is facing increasing pressure from the Indonesian government to explain the revelations. Source: http://www.zdnet.com/au/afp-and-rba-websites-hit-by-ddos-attacks-7000023451/

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AFP and RBA websites hit by DDoS attacks

A DDoS Attack Could Cost $1 Million Before Mitigation Even Starts

A new report suggests that companies are unaware of the extent of the DDoS threat, unaware of the potential cost of an attack, and over-reliant on traditional and inadequate in-house defenses. Marking its inaugural International DDoS Awareness Day, Neustar has released new research into business awareness of contemporary denial-of-service attacks. IDG Research Services questioned more than 200 IT managers for companies with an online marketing or commercial web presence; 70% of which were involved in e-commerce operations. The study finds that it takes an average of ten hours before a company can even begin to resolve a DDoS attack. On average, a DDoS attack isn’t detected until 4.5 hours after its commencement; and a further 4.9 hours passes before mitigation can commence. With outage costs averaging $100,000 per hour, it means that a DDoS attack can cost an internet-reliant company $1 million before the company even starts to mitigate the attack. With the year’s peak shopping period fast approaching, it is something that cannot be ignored. “If an attack results in an outage lasting days, the economic results could be catastrophic. To some companies, it could even be fatal,” warns Neustar. One problem, suggests Susan Warner, Neustar’s market manager for DDoS solutions, is that IT administrators may not be fully aware of the business implications of downtime. “For example,” she says, “an administrator may believe that if the system goes down for a few hours it’s not a big deal, but may not realize there is going to be hundreds of thousand of dollars of marketing spend lost for every hour of site downtime.” A second problem is either a misunderstanding of the nature of modern attacks, or a basic belief that DDoS attacks will always go after someone else. Most companies rely on in-house technology to defend against attacks: 77% have firewalls, 65% have routers and switches, and 59% have intrusion detection. But only 26% use cloud-based mitigation services. Nevertheless, there is a strong belief among these IT managers that they are adequately protected: 86% of the respondents are either somewhat, very or extremely confident in their defenses. But new DDoS techniques such as DNS amplification/reflection, warns Neustar, “can easily overwhelm on-premise defenses and even congest the presumably vaster resources of an ISP.” In fact, in the face of a major attack, in-house defenses can make matters worse. A lot of enterprises, warns Warner, “believe they have some technology already in place that will help them, such as a firewall or a router that can handle some extra traffic, but a high-volume DDoS attack is going to quickly overwhelm those traditional types of defenses and they will rapidly become part of the bottleneck.” “Responding to this new reality,” says the report, “requires actionable continuous monitoring and analysis against realtime threat intelligence, and constantly evolving incident management scenarios.” The answer lies in the cloud. “Cloud-based mitigation is achieved either by redirecting your traffic during an assault or having it always go through a cloud service,” says Warner. “An always-on type of approach can also be achieved through a hybrid solution that provides mitigation resources on-site; if they begin to be overwhelmed, a failover to a cloud service is immediately activated.” Source: http://www.infosecurity-magazine.com/view/35238/a-ddos-attack-could-cost-1-million-before-mitigation-even-starts

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A DDoS Attack Could Cost $1 Million Before Mitigation Even Starts

London schoolboy secretly arrested over ‘world’s biggest cyber attack’

A London schoolboy has been secretly arrested over the “world’s biggest cyber attack” as part of an international swoop against a suspected organised crime gang. The 16-year-old was detained by detectives at his home in south-west London after “significant sums of money” were found to be “flowing through his bank account”. He was also logged on to what officials say were “various virtual systems and forums” and had his computers and mobiles seized as officers worked through the night to secure potential evidence. The boy’s arrest, by detectives from the National Cyber Crime Unit, followed an international police operation against those suspected of carrying out a cyber attack so large that it slowed down the internet. The “distributed denial of service” or “DDoS” attack was directed at the Dutch anti-spam group Spamhaus which patrols the web to stop prolific spammers filling inboxes with adverts for counterfeit Viagra, bogus weight-loss pills and other illegal products. Details of the arrest, which happened in April, had been kept secret, but have been disclosed to the Evening Standard ahead of the formation of the Government’s new National Crime Agency. It will take over the National Cyber Crime Unit as part of a drive against offending carried out over the internet, now seen as one of the most serious crime-fighting challenges. More than half of the 4,000 officers who will form the new agency next month will be trained in combating cyber crime. The arrest of the London schoolboy, whose identity has not been disclosed, came during a series of coordinated raids with international police forces. Others detained included a 35-year-old Dutchman living in Spain. A briefing document seen by this newspaper on the British investigation, codenamed Operation Rashlike, states that the attack was the “largest DDoS attack ever seen” and that it had a “worldwide impact” on internet exchanges. The document says services affected included the London Internet Exchange and that although the impact was eventually “mitigated” it managed to cause “worldwide disruption of the functionality” of the internet. Giving details of the schoolboy’s alleged involvement, the briefing note states: “The suspect was found with his computer systems open and logged on to various virtual systems and forums. The subject has a significant amount of money flowing through his bank account. Financial investigators are in the process of restraining monies.” The boy has been released on bail until later this year. The disclosure of his arrest follows two cyber attacks on banks. Four men have appeared in court over the first, involving an alleged plot to take over Santander computers by fitting a device during maintenance work. Another eight were arrested over a £1.3?million theft by a gang who took control of a Barclays computer. Meanwhile, security minister James Brokenshire said the creation National Crime Agency would bolster efforts to combat organised criminals operating on the internet and ensure that “cyber gangsters” were left with no hiding place. “The new National Crime Agency’s Cyber Crime Unit will pursue the organised crime gangs behind the online crimes that blight people’s lives and cost the economy millions,” he added. Source: http://www.standard.co.uk/news/crime/london-schoolboy-secretly-arrested-over-worlds-biggest-cyber-attack-8840766.html

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What’s Next for DDoS Attacks?

Sept. 18 marks the one-year anniversary of Izz ad-Din al-Qassam Cyber Fighters’ first announcement about distributed-denial-of-service attacks to be waged against the U.S. financial services industry This self-proclaimed hacktivist group, which U.S. government officials have suggested is being backed by the Iranian government, has for the last 12 months targeted the online banking platforms of nearly every top 100 U.S. banking institution. The group has claimed it’s attacking U.S. banks because of outrage over a YouTube movie trailer deemed offensive to Muslims. The group’s attacks against banks for the last several months have been unsuccessful at taking sites down. And its Phase 4 campaign is in a lull. Still, experts caution banking institutions against letting their guards down. And they warn that the government, media, healthcare and energy sectors could be among the next targets. That’s because banking institutions have enhanced their defenses, so other sectors are easier targets. Some experts, including McAfee Labs and Arbor Networks, expect that al-Qassam could join forces with the Syrian Electronic Army, a collective of attackers that supports Syrian President Bashar al-Assad, to attack a variety of U.S. websites. Experts urge organizations to update their DDoS defenses. Botnet Remains Strong Scott Hammack CEO of DDoS-mitigation provider Prolexic, says that despite the recent lull in al-Qassam’s attacks, there’s no indication that the group’s botnet, known as Brobot, is waning. “We have validated thousands of infected web servers that can potentially participate in future campaigns. We still don’t see the scale of the attacks we saw five months ago, but we are definitely seeing a lot of probing,” he says, which suggests more attacks are on the way. DDoS attacks over the last five months have not been as large, but that should not be misinterpreted to mean Brobot has been retired, Hammack says. “Maybe Iran, with their new leaders, are saying ‘Cool off a little bit.’ But the gun is still loaded. They still have the arsenal at their disposal; they just haven’t fired it in a while.” If al-Qassam were to unite with other cybergroups, such as the Syrian Electronic Army, it could mark a new era of cyberwarfare against the U.S., experts say. “We have to realize this is cyberterrorism,” says Ashley Stephenson, CEO of Corero Network Security. “The disruption, the publicity, the nuisance, the investment these banks have to make … the success of terrorism is not just the act itself, but the amount it costs the victims [for defenses],” he says. Banking institutions and those in other sectors have to continually enhance and update their DDoS defenses, he says, “so that no one needs to panic on the day of an attack” Training Ground al-Qassam’s attacks have served as a training ground for other attackers, says Dan Holden of DDoS-mitigation firm Arbor Networks. “In terms of DDoS in general, we will see more DNS amplification attacks. It’s not that difficult,” he says. A DNS amplification attack relies on a much larger list of DNS servers to amplify the attack. “The attackers are going to have to get better and bigger to take anyone down,” Holden says. That’s because DDoS defenses have improved across the board, although some industries, such as banking, are further along in their mitigation strategies than others, Holden explains. The real question about al-Qassam’s future is not how its attacks might be waged, but rather who will be the target, he says. Holden says he doesn’t see the attacks themselves changing; but the targets will change. “I would be surprised if they continue attacking the banks,” he says. “At this point, what is the point? Something’s got to change.” Cyber-attackers Unite? Because the Syrian Electronic Army and al-Qassam both have waged DDoS attacks to gain attention for their social and political causes, some experts expect them to join forces. While al-Qassam has focused on banks, the SEA’s primary targets have been media and government sites, according to McAfee Labs . Now, DDoS experts, including McAfee Labs, argue both groups have similar interests in taking down U.S. sites, and by joining forces, they could use Brobot for a renewed purpose. One industry expert, who asked not to be named, says the distinction between the SEA and al-Qassam has increasingly blurred. “Isn’t the Syrian Army likely the same guys as al-Qassam? And if you look at the geopolitical stuff, the two align,” this expert says. “They’re holding off attacks because they’re waiting to see what happens with Syria, frankly. And the banks are defending well, so they will move on to a new target. Besides, using the movie as an excuse for attacks is not effective or really being believed anymore.” “The Syrian Electronic Army has said quite clearly that if the U.S. does anything [as far as military strikes] they are coming after us,” Arbor Networks’ Holden says. “And if there is any sympathy for that, it’s a great excuse for QCF [al-Qassam Cyber Fighters] to repurpose and retool their botnet for something else. They could jump onboard there. This is the perfect excuse to change the story about attacking because of the video. This is the perfect cover.” If forces do unite, Holden says other critical infrastructure sectors, beyond banking, will likely be targeted, possibly defense contractors, rather than government itself. “I don’t foresee government being a target, but, instead, a weaker vertical,” Holden says. “If anything government-focused were to be attacked, I would think it would be government contractors that would be somehow associated with Syria.” Holden says e-commerce sites also could be prime targets. “[Those sites] are obviously related to capitalism, like the banks, and the money lost would be huge,” he says. “The impact would be very real, given how much commerce occurs over the Internet.” Media sites could be another target, Holden says. Regulatory Oversight Because of ongoing DDoS threats, more regulatory and legislative oversight related to how critical infrastructure industries address DDoS risks is likely on the way, says Corero’s Stephenson. “The attacks have heightened the need for guidance or legislation, whether that’s from the SEC [Securities and Exchange Commission] or an international agency like the European Commission,” he says. The need for more regulation and cross-industry collaboration has been highlighted by al-Qassam’s attacks, Stephenson adds. DDoS attacks have become a part of everyday business, and all sectors should be sharing threat intelligence, Stephenson says “One of the things I took away from this last year is that the banks really have learned a lot,” he says. “This type of cyberthreat is now business as usual. This is going to be a continuous threat and an ongoing risk of doing business online, and I don’t think we’re going to win here by keeping attack information secret.” The more organizations disclose about the attacks they suffer, the stronger defenses can be built, Stephenson says. “That’s where the vendors come in,” he says. “When they have an attack that is defeated, they can put the information together and pass that on to the authorities. A year ago, that wasn’t happening like it is today,” and there’s always room for improvement. Source: http://www.bankinfosecurity.com/whats-next-for-ddos-attacks-a-6074

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What’s Next for DDoS Attacks?