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Small Businesses Experiencing More Cyber Attacks Than Large Organisations

We’ve all seen the headlines when a large multi-national corporation suffers a data breach, but are small businesses able to ‘fly under the radar’ for cyber crime? Well, according to Verizon’s annual data breach incident report, the opposite may be the case. While large organisations make headlines, the report found that 58% of data breaches actually occurred in small and medium-sized companies.

“Many small businesses don’t have the resources focused on security and training, and employees are not cognizant of being at risk,” according to the Vice President of Experian Data Breach Resolution, Michael Bruemmer. “Some of these businesses, especially startups, may have no or small revenue, but they may be processing credit cards or holding personal data for other companies, and they don’t realize they have to protect it.”


Half of all cyber attacks are currently believed to target small businesses (Source: Verizon Annual Data Breach Report)

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Meltdown and Spectre Attacks Expected to Surge in 2018

The world has not seen the last of Meltdown and Spectre, according to a recent report by cyber security and firewall specialists SonicWall. By January 2018, the company had already come across 500 ‘zero day’ malware programs designed to take advantage of various processor vulnerabilities. On Meltdown and Spectre, SonicWall has said, “It’s likely these are just two of many processor vulnerabilities already in play. We predict the emergence of password stealers and infostealers to take advantage of Meltdown and Spectre vulnerabilities”.


Meltdown and Spectre are just two CPU vulnerabilities among many that criminals are expected to continue exploiting throughout 2018 and beyond.

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World’s Largest DDoS Attack Record Broken Twice in a Week

In a worrying new cyber threat trend, the record for largest DDoS (Distributed Denial of Services) attack has been broken, not once, but twice, over the past week. A DDoS attack, in essence, is an attempt to make an online service (such as your business’s website) unavailable by overwhelming it with traffic from various sources. Last week, the coding repository GitHub was briefly taken offline in a 1.3 Terrabits-per-second DDoS attack. This wasn’t entirely unsurprising, as DDoS attacks have been steadily building throughout 2018, but March has definitely been the worst month so far. Now, an unnamed US service provider has reported experiencing an even larger DDoS attack, which hit 1.7 Terrabits-per-second, only a few days after the previous record had been broken. This could pose a significant threat for many businesses that operate memcached database servers, which typically have high-bandwidth access and can be badly impacted by DDoS attacks.


At 1.7 Terrabits-per-second, the unnamed US service provider experienced the largest DDoS attack to date. These attacks are expected to increase in size and frequency going forward.

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HSE, Dublin County Council, Department of Argiculture and More Hit by Crypto-Mining Cyber Attack

Ireland is claimed to be wide open to attacks from cyber criminals and rogue states, following an incident in which over 4000 websites around the world were hacked and used to mine crypto-currency. First reported by The Register, the breach affected the Department of Argicultures, Dublin City Council and Fingal, Cork, Wexford and Offaly county councils, and it is suspected to have also affected the websites of the Oireachtas, the Broadcasting Authority of Ireland, Women’s Aid and the Central Remedial Clinic. The crypto-mining attack was not limited to Irish websites, however, as the Information Commisioner’s Office in the UK, the United States courts and many more sites belonging to governments and organisations were also hit.


Over 4000 websites around the world were affected in the crypto-mining attack, many of which belonged to government organisations

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Antivirus Experts Discover Malware Samples Designed to Exploit Meltdown and Spectre

It looks like the Meltdown and Spectre fiasco is only just getting warmed up. Security researchers at antivirus testing firm AV-TEST have discovered more than 130 samples of malware that attempts to leverage the Meltdown and Spectre vulnerabilities. The malware samples analysed by AV-TEST appear to be mostly Poof-of-Concept code, and still in the research phase, however, it is believed that cyber criminals will be similarly experimenting with malware that utilises these vulnerabilities.


Meltdown and Spectre will haunt IT systems for years to come, potentially, as between them they can affect most processors in use since 1995

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