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Massive DDoS Attack Knocked Israeli Government Websites Offline

Massive DDoS Attack Knocked Israeli Government Websites Offline

Mar 15, 2022
A number of websites belonging to the Israeli government were felled in a distributed denial-of-service ( DDoS ) attack on Monday, rendering the portals inaccessible for a short period of time. "In the past few hours, a DDoS attack against a communications provider was identified," the Israel National Cyber Directorate (INCD)  said  in a tweet. "As a result, access to several websites, among them government websites, was denied for a short time. As of now, all of the websites have returned to normal activity." A distributed denial-of-service attack is a malicious attempt to hamper the normal traffic of a targeted server or service by overwhelming the victim and its surrounding infrastructure with a flood of junk internet traffic by leveraging compromised computers and IoT devices as sources of attack traffic. The development comes after internet watchdog NetBlocks  reported  "significant disruptions" registered on multiple networks supplied by Israel&
Iran's Lyceum Hackers Target Telecoms, ISPs in Israel, Saudi Arabia, and Africa

Iran's Lyceum Hackers Target Telecoms, ISPs in Israel, Saudi Arabia, and Africa

Nov 11, 2021
A state-sponsored threat actor allegedly affiliated with Iran has been linked to a series of targeted attacks aimed at internet service providers (ISPs) and telecommunication operators in Israel, Morocco, Tunisia, and Saudi Arabia, as well as a ministry of foreign affairs (MFA) in Africa, new findings reveal. The intrusions, staged by a group tracked as Lyceum, are believed to have occurred between July and October 2021, researchers from Accenture Cyber Threat Intelligence (ACTI) group and Prevailion's Adversarial Counterintelligence Team (PACT) said in a technical report. The names of the victims were not disclosed. The latest revelations throw light on the web-based infrastructure used by Lyceum, over 20 of them, enabling the identification of "additional victims and provide further visibility into Lyceum's targeting methodology," the researchers  noted , adding "at least two of the identified compromises are assessed to be ongoing despite prior public discl
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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