Recent reports showed that attackers are leveraging the vulnerability of CCTV for distributed denial-of-service (DDoS) attacks.
Octave Klaba, founder and CTO of OVH, reported via his Twitter account that for days, OVH became victim to multiple DDoS attacks.
“Last days, we got lot of huge DDoS. Here, the list of “bigger that 100Gbps” only. You can see the simultaneous DDoS are close to 1Tbps!” the founder and CTO of OVH tweeted.
According to Klaba, the DDoS attackers used an internet of things (IoT) botnet with 145,607 compromised CCTV security cameras.
“This botnet with 145607 cameras/dvr (1-30Mbps per IP) is able to send >1.5Tbps DDoS,” the CTO of OVH tweeted.
Klaba, who reported the breach on September 22 to 23 this year, said that the severest single attack reached 93 MMps and 799 Gbps.
The attack on OVH is the largest known DDoS offensive, according to Pierluigi Paganini of Security Affairs.
Two days before the DDoS attack on OVH, cybercrime journalist Brian Krebs reported that his website KrebsOnSecurity.com came under DDoS attack. During the attack, the traffic on KrebsOnSecurity reached 620 Gbps in size.
“There are some indications that this attack was launched with the help of a botnet that has enslaved a large number of hacked so-called “Internet of Things,” (IoT) devices — routers, IP cameras and digital video recorders (DVRs) that are exposed to the Internet and protected with weak or hard-coded passwords,” Krebs wrote on his website.
Both OVH and KrebsOnSecurity.com survived the DDoS attacks.
In June this year, cyber security company Sucuri reported that one of its clients, a small brick and mortar jewelry shop, came under DDoS attack for days.
The DDoS attack on the jewelry shop peaked to almost 50,000 HTTP requests per second. Only a few servers can handle 50,000 plus requests per second, according to Sucuri.
When security experts at Sucuri delved into the problem, they found that the DDoS attack utilized 25,000 CCTV security cameras around the world.
Out of the 25,000 CCTVs, according to Sucuri, 75% have IP address from Taiwan, USA, Indonesia, Mexico, Malaysia, Israel, Italy, Vietnam, France and Spain; while 25% were scattered in another 95 countries.
Why Attackers Choose CCTVs
In a blog post entitled “Attack of Things” published on Level 3 Communication website, researchers at Level 3 Threat Research Labs said that CCTV or security camera DVRs are currently favored by DDoS attackers.
Researchers at Level 3 Threat Research Labs wrote:
These devices often come configured with telnet and web interfaces enabled, allowing users to configure the devices and view their security footage over the internet. Unfortunately, many are left configured with default credentials, making them low-hanging fruit for bot herders. Most of these devices run some flavor of embedded Linux. When combined with the bandwidth required to stream video, they provide a potent class of DDoS bots.
Based on the 2015 “Worldwide Infrastructure Security Report,” researchers from Arbor Networks, the cyber security division of NETSCOUT, reported that the largest attack reported by a respondent in 2015 was 500 Gbps.
According to Arbor Networks, DDoS attacks against users remain the most common cybersecurity threat. Two-thirds of the respondents of the Arbor Networks’ report estimate that the cost of internet downtime was per minute.
Featured image from Shutterstock.
The Pirate Bay is Hijacking PCs to Stealth-Mine Cryptocurrency
For the second time in as many months, The Pirate Bay has been caught mining cryptocurrency on your computer without consent. The torrent platform was actually test-driving cryptocurrency mining in your browser – no doubt a lucrative revenue stream.
The Pirates Are At It Again
The news was later confirmed by Bleeping Computer, which reported that,”The Pirate Bay, the internet’s largest torrent portal, is back at running a cryptocurrency miner after it previously ran a short test in mid-September.”
Estimates indicate that the scheme has earned the pirates a total of $43,000 over a three-week period.
Users had no way to opt their computers out of being test-driven by the torrent network. Back in September, The Pirate Bay got away by telling people it was just a test. The site’s owners cannot use the same excuse this time around.
CoinHive advises websites to let their visitors know their browser is being used to mine cryptocurrency.
“We’re a bit saddened to see that some of our customers integrate CoinHive into their pages without disclosing to their users what’s going on, let alone asking for their permission,” the company said.
The good news is most ad-blockers and antivirus programs will block CoinHive, given its recent abuses. That means not all visitors of The Pirate Pay were being used as a conduit for mining Monero.
Monero Joins Global Crypto Rally
The value of Monero (XMR) shot up nearly 8% on Friday, and was last seen trading at $94.17. With more than 15.2 million XMR tokens in circulation, the total market cap for Monero is $1.4 billion, according to CoinMarketCap. That’s enough for ninth on the global cryptocurrency list.
Twelve cryptos have now crossed the $1 billion valuation mark. A handful of others have made their way north of $500 million.
Ethereum Notches Two-Month High as Bitcoin Offspring Triggers Volatility
Digital currency Ethereum climbed to a two-month high on Monday, taking some of the heat off Bitcoin and Bitcoin Cash, which have slumped since the weekend.
Ethereum Forges Higher Path
Concerns over Bitcoin created a favourable tailwind for Ethereum (ETH/USD), which is the world’s No. 2 digital currency by total assets. Ether’s price topped $340.00 on Monday and later settled at $323.54. That was the highest since June 20.
At its peak, ether was up 10% on the day and 70% for the month of August.
The ETH/USD was last down 2.2% at $315.02, according to Bitfinex. Prices are due for a brisk recovery, based on the daily momentum indicators.
Fractured Bitcoin Community
Bitcoin and its offshoot, Bitcoin Cash, retreated on Monday following a volatile weekend. The BTC/USD slumped at the start of the week and was down more than 3% on Tuesday, with prices falling below $3,900.00. Just last week, Bitcoin was trading at new records near $4,500.00.
Bitcoin Cash, which emerged after the Aug. 1 hard fork, climbed to new records on Saturday, but has been in free-fall ever since. The BTH was down another 20% on Tuesday to $594.49, according to CoinMarketCap. Its total market value has dropped by several billion over the past two days.
Analysts say that a “fractured” Bitcoin community has made Ethereum a more attractive bet this week. The ether token has shown remarkable poise over the past seven days, despite trading well shy of a new record.
Other drivers behind Ethereum’s advance are steady demand from South Korean investors and growing confidence in a smooth upgrade for the the ETH network. The upgrade, which has been dubbed “Metropolis,” is expected in the next several weeks. Its key benefits include tighter transaction privacy and greater efficiency.
Ethereum Prices Unaffected by ICO Heist
Fin-tech developer Enigma was on the receiving end of a cyber-heist on Monday after hackers took over the company’s website, mailing list and instant messaging platforms. The hack occurred three weeks before Enigma’s planned Initial Coin Offering (ICO) for September 11.
In addition to defacing the company’s website, the hackers pushed a special “pre-sale” ahead of the ICO. While many users realized it was a scam, 1,492 ether tokens – valued at $495,000 – were directed into the hackers’ cryptocurrency wallet by unsuspecting backers.
The irony in all this is that Engima is a cryptography company that prides itself on top-notch security protocols. The company issued a statement that its servers had not been compromised.
Spotting a Well-Made Investment Scam
For every reasonably safe investment, there are 1000 scams and 10,000 reasonably toxic investments. Self-served advertising via social media and search engines exacerbates the problem – people sometimes click ads they think were search results, or, as humans are intended to, simply consumes the content on the screen instead of paying attention to where they’re being redirected to.
In this article we will review a recent example of a well-executed investment scam.
The intended victim, who did not actually get scammed but alerted this author to the hustle, was led to believe that the above image was redirecting to a CNN news article. This is the actual URL the link went to:
Now if you visit com-cat.press, all you see is a directory listing. This site’s entire purpose is to make people believe they are visiting legitimate .com websites, when in fact they are visiting others. It doesn’t always have to be a scam, sometimes it is simple an advertisement, but often enough it is a definite funnel to a scam. In this case, here’s where you wind up, at a place that looks an awful lot like CNN Money:
Again, this is not a real article on CNN. This is promotion for 10Markets.eu.
10Markets.eu is extremely professional looking. The platform looks to capture your details even just for demo trading. Most traders expect hurdles, so one can imagine tons of phone numbers and e-mail addresses entered:
The demo trading screen never loaded for this analyst, but the phone number is fake anyway. Took it from a coffee shop in Germany. Funnily, it appears the German exchange code is 030 in the first place, but you can’t edit that part. They also don’t allow you to visit the site at all if you’re in North America.
The tipster was clever enough to find out if 10Markets.eu was a registered broker or not. They’re not. According to ForexBrokerz.com:
10Markets is a forex and CFD broker that is headquartered in Scotland [sic] and supports the popular MetaTrader 4 platform. It is not licensed by any authority and there is not much information about the trading conditions on its website. What is worse, this broker is present in the warning lists of UK’s FCA, Australia’s ASIC and Cyprus’ CySEC, so we don’t recommend doing business with 10Markets.
There are review websites which help. Regarding 10Markets, we came up with this one.
The tipster happens to have been our own Jonas Borchgrevink. He is equipped with years of experience in website publishing, and this is why he quickly noticed that he was not reading a CNN article. The sad fact is that a high percentage of people who read that article believe it to be real, and a percentage of those people end up getting scammed. As such, here is a checklist for new trading outfits that you haven’t used or heard about before:
- Always try to get phone support right away. Before creating an account. If no one answers or there is anything suspicious, this is a scam.
- Always search for “[EXCHANGE NAME]” + “scam,” and read carefully any results that come up. Most scams could stop at one person if others listened to that one.
- In the US, you can use FINRA to check the legitimacy of an exchange or broker. In the UK, you have FCA. Many countries have sites like these, and it’s important to check the one from the country where the broker does business.
- Use ad blockers at least when legitimately searching for financial solutions.
- Check the URL! For every legitimate exchange website, there are a few fake ones designed to steal your account information.
In The Event That You Spot A Scam
Tattle! Spread the word far and wide, not just so others don’t get scammed, but also to give authorities the jump on the thieves. Otherwise, they may exit and get away with all the money before anyone stops them.
- Asian Market Update – Monday: Bitcoin flirts with $8,000; Asian stocks in red November 20, 2017
- AirToken (AIR) – Extremely Undervalued Long-Term Investment November 20, 2017
- Bitcoin’s Record-Breaking Rally Continues as Prices Cross $8,100 November 20, 2017
- A New Marijuana ETF Is Coming to the New York Stock Exchange November 19, 2017
- Is Ethereum Ready to Play Catch Up With Bitcoin? November 19, 2017
- Trade Recommendation: Siacoin November 19, 2017
- Trade Recommendation: GBPJPY November 19, 2017
- ICO Analysis: Experty November 19, 2017
- Trade Recommendation: Enjin (ENJ) November 19, 2017
- Bitcoin IRA: How to Save for Retirement Using Cryptocurrency November 19, 2017
A part of CCN
Analysis1 week ago
Long-Term Cryptocurrency Analysis: Bitcoin Enters Correction as Altcoins Break Out
Cryptocurrencies6 days ago
Trade Recommendation: Bitcoin Cash
Altcoins1 week ago
Bitcoin Cash (BCH) and Bitcoin (BTC) Showdown – Let the Fight Begin
Cryptocurrencies1 week ago
Trade Recommendation: Bitcoin Cash
Cryptocurrencies1 week ago
Trade Recommendation: Litecoin
Analysis1 week ago
Technical Analysis: Bitcoin Breaks Below $7000, Altcoins Pull Back, As Bitcoin Cash Jumps
Cryptocurrencies7 days ago
Trade Recommendation: Ethereum Classic
Analysis3 days ago
Technical Analysis: Litecoin and NEO Jump as Bitcoin Trades near $8000