Tag Archive for: Boom

Kaspersky Reveals Alarming IoT Threats and Dark Web DDoS Boom

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The cybersecurity researchers at Kaspersky have unveiled alarming statistics about the expanding cybercrime economy on the dark web.

Key Findings:

  1. DDoS Demand Soars: Kaspersky’s analysts discovered over 700 dark web ads for DDoS attack services in H1 2023, highlighting the escalating demand among hackers.
  2. Cost of DDoS Services: Rates for DDoS attack services on the dark web ranged from $20 per day to $10,000 per month, with an average cost of $63.50 per day or $1,350 per month.
  3. IoT Malware Evolution: Fierce competition among cybercriminals has driven the development of IoT malware, with features designed to thwart rival malware, including firewall rules and process terminations.
  4. Brute-Force Attacks Prevalent: Brute-forcing weak passwords remains the primary method for compromising IoT devices, with 97.91% of attacks focusing on Telnet, compared to 2.09% on SSH.
  5. Global Attack Landscape: While China, India, and the United States were the primary targets of IoT attacks, China, Pakistan, and Russia emerged as the most active attackers, highlighting the global reach of cyber threats.

The Internet of Things (IoT) landscape is under siege, with a growing underground economy centered around IoT-related services, particularly for Distributed Denial of Service (DDoS) attacks, according to a recent report by cybersecurity firm Kaspersky.

The study delves into the evolving threats targeting the IoT sector, shedding light on the modus operandi of cybercriminals and the alarming prevalence of malware types.

IoT devices are poised to surpass a staggering 29 billion by 2030, making them an attractive target for cybercriminals. Kaspersky’s research presents crucial insights into dark web activities, prevalent malware strains, and the tactics employed by hackers.

While DDoS protection and mitigation services are utilizing all available resources to secure their clients’ infrastructure; DDoS attacks orchestrated through IoT botnets are experiencing a surge in demand within the cybercriminal community. Kaspersky’s Digital Footprint Intelligence service analysts unearthed over 700 ads for DDoS attack services on various dark web forums in the first half of…

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Edge computing security issues attract attention amid AI application development boom

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ChatGPT has taken the world by storm, bringing unprecedented AI experiences to numerous consumers. This highlights the continuous development of AI technology and its rapid proliferation in people’s daily lives. Meanwhile, with the vigorous development of technologies such as 5G, IoT, and cloud native computing, the concept of edge computing has also emerged to provide the best online experience for Internet users.

Traditional AI applications involve using the Internet to upload raw data to large cloud servers for analysis. However, with the increasing number of IoT devices, this often leads to issues such as raw data leakage, insufficient network bandwidth, and communication delays. Therefore, when cloud AI is deployed in smart manufacturing, smart transportation, and other scenarios, there may be a significant degradation in service quality as devices may not work together properly, potentially causing traffic accidents, industrial safety hazards, and other problems. For this reason, using edge computing servers to analyze data locally to mitigate such problems is a popular option in the market today. However, with the rapid proliferation of AI services, the issue of potential information security risks has also come to the fore. Hacker groups have begun launching attacks on AI applications such as ChatGPT to steal large amounts of sensitive data. Edge computing security has therefore become a major challenge that needs to be addressed in the development of AI services.

Dr. John K. Zao, the founder and chairman of FiduciaEdge Technologies, pointed out that existing information security solutions can be roughly divided into three categories. The first category includes the use of virtual private networks (VPNs), firewalls, and other mechanisms to protect data in transit. The second category deals with security mechanisms for websites and databases to ensure the security of data in storage. The third category aims to implement appropriate information isolation in the trusted edge computing environments to protect those data in use. Trusted edge computing is becoming increasingly important as more manufacturers are now running AI applications on their sites to…

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Big police presence promised for Red, White & Boom fireworks show in downtown Columbus – Fox 28

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Big police presence promised for Red, White & Boom fireworks show in downtown Columbus  Fox 28

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Server, storage, and security tech boom in China • The Register

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Chines buyers are spending up big on storage, servers, and security, according to reports by International Data Corporation (IDC) released this week.

The Middle Kingdom is the world’s fastest-growing storage market, IDC said, finding that for Q2 2021 China’s market grew 33.5 per cent year on year, against global growth of 9.7 points year-on-year. China’s external storage market is now US$6.9 billion a year.

The nation’s security market also surged. In 2019 China’s network security services market was already on the rise thanks to surging demand and the nation’s 2017 Cybersecurity Law that required network operators store select data within China. That law, alongside others that bolstered tech made in China, saw many new security services sprout.

Overall revenue from China’s IT security service market vendors subsequently increased 110 per cent in the first half of 2021, year-on-year, totalling around US$1.1 billion and bringing China’s IT security service market into what IDC refers to as “a period of full-scale demand”.

The security consulting service markets in particular saw a whopping 172 per cent year-on-year increase, attributable to pre-pandemic policy changes requiring compliance, testing and emergency services that were backlogged until the COVID situation became more stable in 2021 and services could be provided.

Other factors contributing to the boost in China’s network security services were smart city and other infrastructure-related projects increasing and training people to use the new enterprise-level network systems.

Meanwhile, China’s server market achieved an increase of 85.1 per cent year-on-year, reaching US$2.19 billion, with GPU-equipped servers occupying 91.9 per cent of the market. Non-GPU accelerated servers grew too, by 127.1 percent year-on-year reaching US$190 million, but accounted for just 8.1 per…

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