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Bitfinex Targeted in “Severe” DDoS Attack Amid Bitcoin Price Surge

Prominent bitcoin exchange Bitfinex revealed it was struck by a significant DDoS attack late Tuesday night (UTC).  However, the denial of service attack was promptly mitigated, with minimal impact on operations. The Hong Kong-based cryptocurrency exchange confirmed it was “under severe DDoS attack” on a social media post yesterday. The attack coincides with bitcoin prices …

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Homeland Security Wants To End The Scourge Of DDoS Attacks

In 2017, Homeland Security has as much to do with securing digital borders as it does geographical ones. One push the DHS is leading to make cyberspace safe for Americans is the DDoSD project. The first four letters — DDoS — should be familiar enough by now. We’ve numerous distributed denial-of-service attacks in the recent past, with …

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74 Percent of Companies that Suffer a Data Breach Don’t Know How It Happened

And just two thirds of IT pros say their current IT security budget is sufficient, a recent survey found. According to the results of a recent survey [PDF] of 250 IT professionals, 34 percent of companies in the U.S. were breached in the past year, and 74 percent of the victims don’t know how it happened. The …

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Blame the US, not China, for the recent surge in massive cyberattacks

The internet’s new scourge is hugely damaging global attacks that harness armies of routers, cameras, and other connected gadgets—the so-called Internet of Things (IoT)—to direct floods of traffic that can take down swaths of the network. The blame so far has largely fallen on the Chinese manufacturers who churn out devices with shoddy security on the cheap. …

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Majority of DDoS Attacks in October-December 2016 Conducted From Germany, UK, US

According to reports, United States, the United Kingdom and Germany became the top three source countries for DDoS attacks in October-December 2016. MOSCOW (Sputnik) – The United States, the United Kingdom and Germany became the top three source countries for DDoS attacks in October-December 2016, an Internet company dubbed Akamai said in report Wednesday, adding …

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