It was reported last month that crashing websites and overwhelming data centers, a new generation of cyber attacks, is costing millions. These attacks are also straining the very structure of the Internet. Based on reports, the attackers appear to be a mixed group made up of diehard activists, criminal gangs or nation states looking for a covert way to hit enemies. The attacks also include teenage hackers simply looking for kicks. Distributed Denial of Service attacks have always been among the most common on the Internet, using hijacked and virus-infected computers to target websites until they can no longer cope with the scale of data requested.
But recently we have seen a series of much more serious attacks. The motivating faces of the attackers include extortion, political activism, and providing distraction from data theft. Also, the “hobbyist” hackers are just testing and showcasing their skills, according to security experts. Victims in recent months have included the Federal Bureau of Investigation, Royal Bank of Scotland and several major U.S. banks. Needless to say, a huge problem faces businesses, institutions, individuals as well as our very government itself.
Source: Insurance Journal
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