My TechDecisions Podcast Episode 143: DDoS Attacks and Triple Extortion
Richard Hummel, threat intelligence lead at NETSCOUT, joins the podcast to talk about the rise of DDoS attacks and triple extortion.
On this episode of the My TechDecisions podcast, Richard Hummel, threat intelligence lead at NETSCOUT, joins the podcast to talk about the rise of DDoS attacks and how they’re being used in ransomware campaigns.
According to cybersecurity company Netscout, there were 5.4 million distributed-denial-of-service (DDoS) attacks in the first half of 2021, which is an 11% increase from the first half of 2020. The company also predicts a record-setting year for these attacks, expecting them to surpass 11 million globally, fueling a growing cybersecurity crisis impacting both public and private sectors.
The company’s seventh b-annual Threat Intelligence Report also found that threat actors exploited seven newer reflection/amplification attack vectors, spurring an increase in multisector DDoS attacks with a record-setting 31 attack vectors deployed in a single attack against one organization.
The report also offers new insight into how cybercriminals are combining DDoS attacks with other attack methods, including ransomware. In this scenario, threat actors find their way into a victim’s network, encrypt data, steal that data and threaten to publicly release. If the victim still doesn’t pay, hackers resort to triple extortion and conduct DDoS attacks to pressure the victim into paying a ransom.
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