article thumbnail

In the News | What Does a DDoS Attack Mean for Schools, and How Can They Be Prevented?

Security Boulevard

This article was originally published in Hackernoon on 05.29.24 Distributed denial-of-service (DDoS) attacks have plagued schools for quite some time. We often hear about ransomware attacks or other security breaches in the news, but DDoS attacks can be just as troubling for a school. appeared first on ManagedMethods.

DDOS 67
article thumbnail

The LockBit Ransomware Gang Is Surprisingly Professional

Schneier on Security

This article makes LockBit sound like a legitimate organization: The DDoS attack last weekend that put a temporary stop to leaking Entrust data was seen as an opportunity to explore the triple extortion tactic to apply more pressure on victims to pay a ransom.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Conti Ransomware Group Diaries, Part IV: Cryptocrime

Krebs on Security

Three stories here last week pored over several years’ worth of internal chat records stolen from the Conti ransomware group, the most profitable ransomware gang in operation today. penned a two-part analysis on why smart contracts will make ransomware more profitable. “Cryptocurrency article contest! .

article thumbnail

DDoS attacks: Stronger than ever and increasingly used for extortion

CSO Magazine

Ransomware has taken center stage in the cybercrime ecosystem, causing over $1 billion in losses last year around the world and earning criminals hundreds of millions of dollars in profits. At the same time, distributed denial-of-service (DDoS) attacks, which have also traditionally been used to extort businesses, returned in force.

DDOS 133
article thumbnail

SHARED INTEL: The non-stop advance and diversification of ransomware extortion tactics

The Last Watchdog

Cybercriminals are becoming more creative as cybersecurity analysts adapt quickly to new ransomware strategies. Ransomware has evolved from classic attacks to more innovative approaches to navigate reinforced security infrastructure. This is the aim of physical intimidation attacks with ransomware.

article thumbnail

Stark Industries Solutions: An Iron Hammer in the Cloud

Krebs on Security

Two weeks before Russia invaded Ukraine in February 2022, a large, mysterious new Internet hosting firm called Stark Industries Solutions materialized and quickly became the epicenter of massive distributed denial-of-service (DDoS) attacks on government and commercial targets in Ukraine and Europe. Image: SentinelOne.com.

DDOS 273
article thumbnail

Who's who in the cybercriminal underground

CSO Magazine

We are at a point in time when cybercriminals including ransomware gangs have established themselves as organized, illicit businesses rather than a one-person hacking operation. More and more ransomware groups have emerged and existing ones continue to prosper in terms of repeatedly attaining success with breaching prominent organizations.

DDOS 130