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Oracle acquires DNS provider Dyn for more than $600 Million

Oracle acquires DNS provider Dyn for more than $600 Million

Nov 22, 2016
Yes, Oracle just bought the DNS provider company that brought down the Internet last month. Business software vendor Oracle announced on Monday that it is buying cloud-based Internet performance and Domain Name System (DNS) provider Dyn. Dyn is the same company that was hit by a massive distributed denial of service (DDoS) attack by the Mirai botnet last month which knocked the entire Internet offline for a few hours, crippling some of the world's biggest and most popular websites. Since the company provides cloud-based DNS service to customers such as Spotify, Netflix, Twitter and Pfizer, the acquisition will help Oracle's cloud customers to optimize their infrastructure costs and performance. According to the press release , the Dyn acquisition "extends the Oracle cloud computing platform and provides enterprise customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS)." "Oracle Cloud customers will
Microsoft Seized No-IP Domains, Millions of Dynamic DNS Service Users Suffer Outage

Microsoft Seized No-IP Domains, Millions of Dynamic DNS Service Users Suffer Outage

Jul 01, 2014
In an effort to crackdown on cyber crimes, Microsoft has taken a legal action against a malware network what it thought is responsible for more than 7.4 million infections of Windows PCs across the globe. Millions of legitimate servers that rely on Dynamic Domain Name Service (DDNS) from No-IP.com, owned by Vitalwerks Internet Solutions were blacked out on Monday after Microsoft seized their 23 domain names that were being used by malware developed in the Middle East and Africa. No-IP FOR MALWARE OPERATORS The Dynamic Domain Name Service (DDNS) from No-IP.com works by mapping users' dynamic IP addresses to a customized No-IP sub-domain like yourhost.no-ip.org or yourhost.no-ip.biz. This mechanism allows users to connect to a system with dynamic IP address using a static No-IP sub-domain. No doubt its a useful service, but Nevada-based No-IP Dynamic DNS (DDNS) service subdomains have been abused by creators of malware for infecting millions of computers with ma
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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