Tag: DDoS Attacks
F5 Networks researchers have detected a new variant of the “Echobot” malware, now consisting of 71 exploits. The authors continue to follow the trend of arming the malware and for the threat group to expand its operation. These newly added exploits target both old and new vulnerabilities, adding as new ones target industrial control system…
Read MoreConclusion This latest Gafgyt campaign shows that the malware is evolving and taking on techniques used by other malware authors. Those interested in building botnets don’t need to go far in order to find source code to create their own. Botnets for service are also common and easy to buy. They are advertised on a…
Read MoreWhat Does a Typical Brute Force Attack Look Like at a Service Provider? Brute force attack methods vary. It’s not uncommon, for example, for mobile phone service providers to encounter unauthorized online account activity in which an attacker accesses accounts by trying a phone number in combination with a PIN code. These types of attacks…
Read MoreMirai is an IoT botnet (or thingbot) that F5 has discussed since 2016. It infamously took down large sections of the Internet in late 2016 and has remained active ever since. Its source code was released online in September 2016, allowing unskilled attackers to create a malicious botnet with relative ease. Mirai continues to target…
Read MoreAuthentication Attacks: Growing Every Year Credential stuffing and brute force attacks have been the biggest threats for financial services recently, and the trend shows no sign of slowing. This is unsurprising, given the capability that legitimate credentials represent for attackers. If attackers are able to guess or simply re-use already compromised credentials and gain access…
Read MoreIn the beginning, attackers built their own botnets by scanning the Internet for vulnerable devices and then compromising them with malware that enabled attackers to remotely control the bots. Sadly, attackers don’t even need to build botnets anymore; they can rent DDoS-for-hire botnets from operators who charge very little money for short-term (but effective) attacks.…
Read MoreAccounting for the slight dip in 2019, password login attacks account for 32% of all reported SIRT incidents over the past three years. We also saw how they jumped in 2020, so we did a deeper dive into how these kinds of cyberattacks ramped up during the pandemic. Credential Stuffing Attacks at Financial Services Organizations…
Read MoreThe Largest DDoS Attack of 2021 So Far The largest attack the SOC team encountered over the past 15 months came in February 2021 and targeted a technology company that provides information security services for gaming and gambling organizations. The onslaught peaked at 500 Gbps, or half a terabit per second. Threat actors, possibly disgruntled…
Read MoreA wide variety of organizations fall under financial services, including banks of varying sizes, credit unions, insurance companies, government-sponsored financial institutions, stock exchanges, investment funds, payment processors, consumer finance lenders, brokerages, and companies that service the financial sector. We’ll look at all of these and note the differences in the data, starting with the largest…
Read MoreCyberattack Incidents at Financial Services Companies Like payment processors, financial services companies are private companies that serve the financial sector by providing data processing for banks, credit unions, and other financial institutions. They can perform loan analyses, credit ratings, check printing, data storage, or analytics. Basically, they provide any outsourced service except payment processing (the…
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