2017 will be remembered as the year of massive data breaches, state-sponsored attacks, numerous ransomware threats and more phishing scams them we can count. But it also marked a turning point for the DDoS landscape.
Corero Network Security PLC (CNS) research revealed that the number of DDoS attacks almost doubled in the second half of the year, with many companies now experiencing an average of 8 attacks per day. This problem is exacerbated by the reality that DDoS attacks have become far more complex and deceptive in recent years. They are no longer simply designed to deny service, but to deny security, by acting as a camouflage to mask other malicious activities – usually data theft and network infiltration.
Larger, more frequent DDoS attacks on cryptocurrency platforms
The cryptocurrency gold rush has dominated the news agenda and been the buzz word in financial markets around the world during 2017. But, as investors flock to these platforms, they have also become a hot target for cybercriminals looking to exploit the vast wealth and formative security policies in use. DDoS attacks against cryptocurrencies have been a common occurrence as of late, crippling the exchanges.