The European Commission suffered a 20% rise in attacks on its infrastructure in 2016. At a boardroom and government level, fears are growing over state-sponsored attempts by cyber criminals, hacktivists and cyber terrorists to influence significant international events and infiltrate critical infrastructure.
The R&D of this shadow economy could outpace that of global corporations and governments, so much so, that failure to future-proof themselves against the next wave of emerging threats could be devastating, from a reputational and financial perspective.
Never has the security and privacy of individuals and the ability of businesses to protect information been more at the forefront of daily news and significant events.
Cybercrime has become a game of world chess, one in which information is key.
DoubleThink, brought to you by Porter Novelli and Voce Communications provides a central hub of news analysis, regulatory updates and worldwide attitudes towards privacy and cyber security.
30.03.17: Variant of the Mirai botnet used in 54 hour attack on US college
Researchers suspect that a variant of the Mirai botnet was used to attack a US college in an attack that lasted 54 hours and sent 2.8 billion requests.
The Mirai botnet has been notoriously linked with the attack to Brian Krebs last year alongside a number of other high profile attacks that brought down Twitter, Reddit and Netflix in 2016. The author of the Mirai worm, uncovered by author of Krebs on Security, Brian Krebs, was a young developer brought over to the dark side after specialising in cyber security – and it appears others have picked up his mantle.
Last year, the Mirai botnet infected over 2,000 home routers across the UK alone. Now reseachers at Imperva Incapsula believe they have discovered a new variant of the malware. Click here to read their views.