Attackers have seized on a relatively new method for executing distributed denial-of-service (DDoS) attacks of unprecedented disruptive power, using it to launch record-breaking DDoS assaults over the past week. Now evidence suggests this novel attack method is fueling digital shakedowns in which victims are asked to pay a ransom to call off crippling cyberattacks.
On March 1, DDoS mitigation firm Akamairevealed that ...
NEW YORK/TORONTO (Reuters) – Equifax Inc (EFX.N) said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history.
FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell/File Photo
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The Financial Services Information Sharing and Analysis Center (FS-ISAC), an industry forum for sharing data about critical cybersecurity threats facing the banking and finance industries, said today that a successful phishing attack on one of its employees was used to launch additional phishing attacks against FS-ISAC members.
The fallout from the back-to-back phishing attacks appears to have been limited and contained, as many FS-ISAC members who received the phishing attack quickly detected and reported it as suspicious. But the incident is ...