Tag: Cybersecurity

The Rise of Connected Devices (And the Security Risks that Follow)

It’s no secret that the Internet of Things (IoT) is becoming more a part of our lives on a daily basis. Connected devices, such as webcams, smart TVs and CPE devices, are not exactly “new” – in fact, in 1991, research teams at the University of Cambridge used an IP-enabled webcam to monitor when the coffee supply in their coffee machines was running low. However, since that revolutionary coffee monitor was invented almost 30 years ago, the number of connected devices has exponentially increased, already outnumbering the total number of humans on the planet. Industry analysts estimate the number of connected devices to be 50 billion by 2020. Unfortunately, as the number of these devices increases, so do the security risks.

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The Economics of DDoS Attacks

These days, there are typically three parties to a distributed denial of service attack.

You probably know about two of them: the perpetrator and the target. Less well known is the vast and growing number of third-party providers of DDoS attacks as a service. Brazenly advertising their wares online, these providers will perform an attack on the customer’s behalf and provide detailed reports of their accomplishments. Their fees are shrinking due to rapidly expanding competition and the abundant supply of readily available attack resources, such as botnets. As a result, the DDoS attack business is very much a buyer’s market.

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