Microsoft thwarts record‑breaking DDoS attack

The attack, which clocked in at 2.4 Tbps, targeted one of Azure customers based in Europe. Microsoft has revealed that it thwarted a Distributed Denial-of-Service (DDoS) attack that clocked in at a whopping 2.4 terabytes per second (Tbps). The onslaught, which targeted an Azure customer in Europe, surpasses the previous record holder – a 2.3 Tbps … More Microsoft thwarts record‑breaking DDoS attack

Cybercriminals may target 2020 Tokyo Olympics, FBI warns

Cybercriminals may target the popular event with ransomware, phishing, or DDoS attacks in a bid to increase their notoriety or make money The United States’ Federal Bureau of Investigation (FBI) has issued a warning about threat actors potentially attempting to disrupt the upcoming Tokyo 2020 Summer Olympics. It went on to warn that cybercriminals could utilize various … More Cybercriminals may target 2020 Tokyo Olympics, FBI warns

Cybersecurity risks and challenges facing the financial industry

A primer on various threats looming over financial companies and the steps that these organizations can take to counter them. Companies operating in the financial services industry aren’t by any means strangers to being targeted by various forms of financial crimes and fraud. However, over time, the playing field has changed and threat actors have … More Cybersecurity risks and challenges facing the financial industry

5 ways cybercriminals can try to extort you

What are some common strategies cybercriminals employ in extortion schemes and how can you mitigate the chances of falling victim to a cyber-shakedown? When it comes to coercing people into parting with their money, cybercriminals seem to have an endless bag of tricks to choose from. There are some tricks, that they favor more than others, … More 5 ways cybercriminals can try to extort you

DDoS extortion campaign targets financial firms, retailers

The extortionists attempt to scare the targets into paying by claiming to represent some of the world’s most notorious APT groups. Over the last few weeks, a cybercrime group has been extorting various organizations all over the world by threatening to launch distributed denial-of-service (DDoS) attacks against them unless they pay thousands of dollars in Bitcoin. The … More DDoS extortion campaign targets financial firms, retailers