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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
An Army of Million Hacked IoT Devices Almost Broke the Internet Today

An Army of Million Hacked IoT Devices Almost Broke the Internet Today

Oct 22, 2016
A massive Distributed Denial of Service (DDoS) attack against Dyn , a major domain name system (DNS) provider, broke large portions of the Internet on Friday, causing a significant outage to a ton of websites and services, including Twitter, GitHub, PayPal, Amazon, Reddit, Netflix, and Spotify. But how the attack happened? What's the cause behind the attack? Exact details of the attack remain vague, but Dyn reported a huge army of hijacked internet-connected devices could be responsible for the massive attack. Yes, the same method recently employed by hackers to carry out record-breaking DDoS attack of over 1 Tbps against France-based hosting provider OVH. According to security intelligence firm Flashpoint , Mirai bots were detected driving much, but not necessarily all, of the traffic in the DDoS attacks against DynDNS. Mirai is a piece of malware that targets Internet of Things (IoT) devices such as routers, and security cameras, DVRs, and enslaves vast numbers of
GenAI: A New Headache for SaaS Security Teams

GenAI: A New Headache for SaaS Security Teams

Apr 17, 2024SaaS Security / AI Governance
The introduction of Open AI's ChatGPT was a defining moment for the software industry, touching off a GenAI race with its November 2022 release. SaaS vendors are now rushing to upgrade tools with enhanced productivity capabilities that are driven by generative AI. Among a wide range of uses, GenAI tools make it easier for developers to build software, assist sales teams in mundane email writing, help marketers produce unique content at low cost, and enable teams and creatives to brainstorm new ideas.  Recent significant GenAI product launches include Microsoft 365 Copilot, GitHub Copilot, and Salesforce Einstein GPT. Notably, these GenAI tools from leading SaaS providers are paid enhancements, a clear sign that no SaaS provider will want to miss out on cashing in on the GenAI transformation. Google will soon launch its SGE "Search Generative Experience" platform for premium AI-generated summaries rather than a list of websites.  At this pace, it's just a matter of a short time befo
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