Organizations are experiencing staggering financial losses, estimated between $94 billion and $186 billion annually, due to the vulnerabilities present in Application Programming Interfaces (APIs) and the automated exploits conducted by malicious bots. This alarming statistic is highlighted in a report titled “The Economic Impact of API and Bot Attacks,” published…
Internet Archive Suffers Major Cybersecurity Incident The Internet Archive, the nonprofit entity renowned for its role in preserving a vast array of digital knowledge, has been struck by a significant cyberattack that has taken both its Archive.org and OpenLibrary.org services offline. This breach not only threatens the integrity of one…
Distributed Denial-of-Service (DDoS) attacks have emerged as a significant threat, inundating targeted networks with a flood of simultaneous requests. This deluge can cause complete service interruptions, impacting internet connectivity across various sectors. The persistent evolution of these attacks aims to bypass existing defenses, making them increasingly difficult to mitigate. According…
Recent findings published in the Nokia Threat Intelligence Report reveal a troubling increase in vulnerabilities facing the global telecommunications industry, with a particular emphasis on North America. The incorporation of Generative AI (GenAI) and automated strategies by cybercriminals is significantly intensifying these threats, leading to heightened risks for telecom operators.…
Data Breach Hits The Wayback Machine, Millions of Records Compromised The popular digital archive known as The Wayback Machine, operated by the Internet Archive, has reportedly experienced a severe data breach. This incident has led to the theft of over 31 million records, which encompass sensitive user information. According to…
Cloudflare recently published a study focusing on cybersecurity within the Asia Pacific region, revealing a pressing concern among cybersecurity leaders regarding the role of artificial intelligence in exacerbating data breaches. The report, titled “Navigating the New Security Landscape: Asia Pacific Cybersecurity Readiness Survey,” highlights the challenges organizations face in countering…
Record DDoS Attack Mitigated by OVHcloud In April 2024, French cloud service provider OVHcloud successfully mitigated an unprecedented distributed denial-of-service (DDoS) attack, reportedly peaking at a staggering 840 million packets per second (Mpps). This incident surpasses the previous record of 809 million Mpps, which was inflicted on a significant European…
Cloudflare Responds to Record-Breaking DDoS Attack, Mitigates Threat to Customers In a recent cybersecurity incident, internet infrastructure provider Cloudflare successfully defended against a colossal distributed denial-of-service (DDoS) attack that reached 3.8 terabits per second (Tbps) and 2.14 billion packets per second (PPS). This incident was confirmed by Matthew Prince, the…
On October 2, NETSCOUT, a global leader in network monitoring solutions, revealed critical findings in its latest DDoS Threat Intelligence Report. The organization reported that Distributed Denial of Service (DDoS) attacks are evolving, increasingly employing innovative technologies and tactics to disrupt networks. This alarming update comes as entities in multiple…
