Welcome to the first DDoS threat report of 2023. DDoS attacks, or distributed denial-of-service attacks, are a type of cyber attack that aim to overwhelm Internet services such as websites with more traffic than they can handle, in order to disrupt them and make them unavailable to legitimate users. In this report, we cover the latest insights and trends about the DDoS attack landscape as we observed across our global network.
The prediction is that $8 trillion will be lost to cyber crimes by the end of 2023, which is almost a third of the USA’s GDP in 2022 and twice as much as India’s predicted GDP in March 2023. The global loss to cybercrime is will grow more than 15% year by year to reach $10.5 trillion by 2025.
Successful hackers have the ability to find a specific vulnerability and turn it into millions of dollars if the account is large enough. Good hackers keep it simple by using the browser as a means to attack unwitting users. Cross-site request forgery, commonly called CSRF, is an innovative attack method in which hackers use header and form data to exploit the trust a website has in a user’s browser.
You have probably wondered what would happen if your company laptop got lost or stolen. Would someone be able to extract sensitive data from your laptop even if the device is encrypted or locked? There are several ways to compromise a laptop with physical access, and one of them is through a direct memory access (DMA) attack.
On March 29, researchers from two security companies identified an active campaign originating from a modified version of a legitimate, signed application: 3CXDesktopApp, a popular voice and video conferencing software. 3CXDesktopApp is developed by 3CX, a business communications software company. According to its website, 3CX has 600,000 client organizations and 12 million daily users.
The New Frontiers of Cybersecurity is a three-part thought-leadership series investigating the big-picture problems within the cybersecurity industry. In the first post, we explored the reasons malicious actors have been able to enhance their ability to execute and profit from attacks. In the second post, we discussed how the massive increase in endpoints and systems online has dramatically increased the attack surface.
NCB Management Services is a debt-buying company that acquires debt from other businesses and attempts to collect that debt. The organization works with many major companies, such as Bank of America, and it suffered from a serious data breach recently. Since NCB works with so many major companies, customers of those companies can be put at risk of data loss when their data is lost.
