DDoS Attacks Rising
One in five UK businesses experienced a DDoS attack last year according to a new survey.
Analytics firm Neustar said that while the percentage is significantly lower than that experienced by their US equivalents it is still fairly high. More than 22 percent of the 381 organisations participating in the annual trends study reported DDoS attacks, compared to 35 percent experiencing the same in a separate study carried out among US firms in 2012.
Neustar set out to measure revenue ‘risk per hour’ which is a measure of what it might cost a business in a particular sector to experience DdoS downtime. They found that the majority of organisations reckoned this at less than $1,500 per hour.
Most of the rest put it somewhere between $1,500 and $15,000 although one in four financial services firms put the number at $250,000 per hour. This cost included brand damage and unexpected customer service calls.
Is Alcatel-Lucent Running Low?
Alcatel-Lucent, which was the combination of Lucent and French network equipment provider Alcatel, has been going through a tough few years as it battles against rivals such as Huawei, Nokia Siemens and Ericsson. Now the firm has reportedly looked to investment bank Goldman Sachs for a loan in return for the firm putting up some of its assets as collateral.
According to Bloomberg’s sources, the amount of the loan has yet to be disclosed and the firm even mooted the prospect of selling assets including its undersea cable and enterprise businesses. The sources said discussions about the sale were still at an early stage and claimed neither asset could fetch more than €1bn, highlighting just how far the firm has fallen in recent years.
Alcatel-Lucent needs to sort out its balance sheet because the firm needs to service more than €2bn debt in the next three years. The company might have to look at its vast patents portfolio, though whether it might sell them or merely license them is not clear at this stage.
With Huawei and ZTE winning business away from European vendors such as Alcatel-Lucent and Nokia Siemens, it is not surprising that the firm is having to take drastic action in order to keep the lights on. However for Alcatel-Lucent it is a embarrassing situation for the firm.
China Denies Hack Attack
China has denied involvement in hacking US environment monitoring satellites.
Last week the US-China Economic and Security Review Commission released a draft report about several incidents where US satellites were interfered with in 2007 and 2008.
The Commission did not say that the attacks were traced back to China, but it did cite China’s military as a prime suspect, due to the similarity of the techniques used with “authoritative Chinese military writings” on disabling satellite control.
The hackers gained access to the satellites on at least four occasions through a ground station in Norway. The unauthorised access lasted for between two and 12 minutes. While the attacks did no real damage, they did demonstrate that it is possible to hijack satellites, which is a worrying realisation when military satellites are taken into consideration.
China has a bad reputation throughout the world for alleged cyber attacks, often being the first to blame when a major attack has been discovered. The US has not been the only target either, with alleged attacks against Canada and France having been reported earlier this year.
“[The US] has always been viewing China with colored lenses. This report is untrue and has ulterior motives. It’s not worth a comment,” said Hong Lei, a spokesperson for the Chinese Foreign Ministry, according to Reuters.
Chinese Government Questioned About Cyber-attack
June 18, 2011 by admin
Filed under Around The Net
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The U.S. State Department questioned the Chinese government regarding an attack that had temporarily shut down the website Change.org after the site hosted a petition urging Chinese authorities to release artist Ai Weiwei from custody.
U.S. deputy assistant secretary Daniel Baer raised concerns about the attack in April with China’s foreign ministry, according to an official letter sent from the State Department to U.S. Rep. Rosa DeLauro (D-Conn.). Change.org obtained a copy of the letter and released it Tuesday.
The nature of those talks is still somewhat vague. The U.S. Embassy in Beijing said it had no current information on the matter and deferred to the State Department. China’s foreign ministry has yet to respond to a request for comment.
Change.org, an online petitioning platform, was the victim of a distributed denial of service (DDoS) attack originating from China on April 17. The attacks nearly brought down the site for days.
DDoS attacks can do this by using hundreds or thousands of hacked computers to drive traffic to a website. The data will become so overwhelming that the site will become inaccessible to users.
Change.org said the DDoS attacks from China continue to bring down the site intermittently. The FBI is investigating the case, said Benjamin Joffe-Walt, an editor with Change.org.
EBS Coming To Your Smartphone
May 14, 2011 by admin
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In the event of local and/or nationwide disasters, wireless carriers will soon begin alerting the public by sending emergency SMS text messages to mobile phones.
AT&T, Sprint, T-Mobile and Verizon Wireless have all agreed to a participate in this new Emergency Broadcast System alert method. It will initially be rolled out in New York and Washington, D.C., later this year, and nationwide next year, in April at the earliest.
The emergency text messages will cover public safety threats, Amber Alerts for missing children, and messages from the president, the New York Times reports. Messages will be free for customers, who can opt out of them all except the presidential messages.
We don’t expect the alerts to be frequent,” Julius Genachowski, chairman of the Federal Communications Commission, told the Times. “They will be reserved for when they are truly needed, for tornadoes or for disasters like 9/11.”
Genachowski said the emergency texts will look different from ordinary messages, making them more difficult for hackers to infiltrate or fake. They’ll probably appear directly on the screen, along with a special vibration or other signal. No word on how closely they’ll resemble the tone and color bars of the current Emergency Broadcast System for televisions, or whether users can expect “this is a test” messages on a regular basis.