Distributed Denial of Service (DDoS) News

Russia-Backed Hackers Suspected in Cyber Attacks of Baltic Energy Networks

Suspected Russia-backed hackers have launched exploratory cyber attacks against the energy networks of the Baltic states, sources said, raising security concerns inside the West’s main military alliance, NATO. Lithuania, Latvia and Estonia, all members of NATO and the European Union, are on …

2017 Cyber Risks to Intensify as Hackers Become More Cunning: Report

Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and an increase in attacks harnessing Internet of Things (IoT) devices, according to a report published by Stroz Friedberg, an Aon …

Corporations Have ‘Alarmingly High’ Failure Rate with Their Cyber Defenses: Accenture

About one-third of targeted attempts to breach corporations’ cyber defenses succeed but three-quarters of executives remain unaccountably confident in their security strategies, Accenture Plc. reported Wednesday in a survey of 2,000 security officers representing large enterprises worldwide. The “alarmingly high” …

UK Banks Reluctant to Report Extent of Relentless Cyber Attacks

Britain’s banks are not reporting the full extent of cyber attacks to regulators for fear of punishment or bad publicity, bank executives and providers of security systems say. Reported attacks on financial institutions in Britain have risen from just 5 …

Lloyd’s Has Potentially Large Exposure to Catastrophic Cyber Attack: Adsensa Review

A review of almost 400 reinsurance contracts underwritten at Lloyd’s of London has revealed potentially significant vulnerabilities and exposures if a catastrophic cyber attack should occur. Analysis of 392 property and casualty reinsurance policies underwritten by a trio of reinsurers …

Beazley & Munich Re to Offer Broad Cyber Cover for Large Global Companies

Beazley, a pioneer in data breach response insurance and the largest insurer of cyber liability risks in the Lloyd’s market, has partnered with the Corporate Insurance Partner unit of Munich Re to offer broad protection for the digital assets and …

Corporations Warned Not to Hack Back

The hacked are itching to hack back. So say a dozen security specialists and former law enforcement officials who described an intensifying and largely unspoken sense of unease inside many companies after the recent breach of Sony Corp.’s networks. U.S. …

Increase in Cyber Attacks Costing Millions, Stressing Internet

Crashing websites and overwhelming data centers, a new generation of cyber attacks is costing millions and straining the structure of the Internet. While some attackers are diehard activists, criminal gangs or nation states looking for a covert way to hit …