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GDPR

2018: The Year That Saw DNS Hacks Bring the Internet to its Knees

2018 has turned out to be the year of the breach. No sooner than we got over November’s LastPass outage, the first week alone in December revealed Marriott and Quora had been hacked, exposing 600 million internet users.Worryingly, the huge organizations who were victims of these attacks and exposed their customers’ passport, CVV and credit cards details may actually be hiding even more than they have revealed so far. Some have compromised not just their customers’ details, but their DNS:...

Telcos Have Everything to Lose from DNS Attacks

Last month, telco service provider O2’s service went down across the UK. Users were unable to make calls, texts, or surf the internet. The outage lasted just 40 minutes as priority repairs were made. However, thousands of angry tweets were sent to the company in a scene that caused the company damage to its reputation. O2 is not likely to forget this, and neither will its customers, both existing and those that could have been. The cause of this particular...

Finance Firms Losing the Most in Battle Against DNS Attacks

Some of the world’s largest banks, including Santander, Lloyds Banking Group and HSBC, were targeted by DDoS-for-hire cyber attack website Webstresser last year, which attempted to launch DDoS attacks on their systems. These attacks cost some institutions hundreds of thousands of dollars. DDoS attacks, which seek to exploit the functionality of accessible DNS resolvers, rendering the server and its surrounding infrastructure useless, are a daily headache for many businesses, but the financial sector feels the sting more than most. EfficientIP’s...

Banking on Asia Pacific Financial Services’ DNS Security in a Digital Area

This week’s blog comes to us from our very own Nick Itta, VP Sales APAC. Ten years ago, the world was rocked by a financial crisis that prompted economic cataclysm. Today, financial institutions are challenged by a new set of risks and considerations standing at the forefront of the Fourth Industrial Revolution. Indeed, their greatest risks are no longer solely the consequences of poor policy or politics. One of the biggest risks facing our financial institutions – and global economy...

Universities Need to be Schooled in DNS

Educators have a lot to learn when it comes to cyber security. Domain Name System (DNS) threats are not just limited to banks and logistic multinationals anymore. Universities and academic institutions are capturing the attention of fast-learning cyber criminals for three reasons: they deal with sensitive data, they are populated by carefree students and they tend to have smaller IT budgets than com/universities-dns/mercial organizations. EfficientIP’s 2018 Global DNS Threat Report highlighted cost per DNS-based attack soared 68% to $690,000 in...

APAC Businesses Need to Give DNS More Tender Loving Care

The US is undoubtedly home to some of the world’s most valuable tech companies and is worthy of wearing the tech crown. However, the Asia Pacific region (APAC) is often seen as the fastest growing tech market in the world, and some of its innovations and investments are becoming large enough to make even the US goliaths tremble. The APAC market is expected to grow at 6% this year according to Forrester, with India taking the lead. The region is...

European businesses must work harder to keep DNS protected

European organizations seem somewhat neglectful of their data. Perhaps the first thing that comes to mind, is British firm Cambridge Analytica, who misused 87 million Facebook users’ data. How businesses value customer data is reflected in not only how they use that data, but what they do to protect themselves from breaches to their networks. Compromising the DNS is a popular way to exfiltrate data out of an organization. So, what steps are businesses taking to secure their networks? In...

Protect your DNS, protect your data

For the past four years, the DNS Global Threat Report created from Coleman Parkes survey data explored the technical causes and behavioral responses of Domain Name System (DNS) threats and their potential effects on businesses globally. This year, our report found an increase in the number and cost of DNS-based attacks on businesses globally, as well as a failure from organizations to adapt security solutions to protect against these new, network-based attacks that aim to exploit DNS security. While the...

Data Theft: Why Firewalls Alone Cannot Protect You

Who nowadays is not worried their data will be used without their permission? Recent major data breaches, from Equifax to Facebook have accentuated consumer fears, and the introduction of data protection laws across all continents (GDPR in Europe, for example) are stressing out Data Protection Officers. The one bright light is that enterprises are finally realizing that legacy systems alone are inadequate for preventing data theft, and so are turning to more holistic approaches involving, in particular, innovative solutions offering...

Why GDPR Day is February 15th, not May 25th 2018

If you read the news, you may think the negative portrayal of General Data Protection Regulation in the media means the new regulation will be one of the worst edicts ever introduced. However, from your customer’s perspective, the new data law may look very different. GDPR is set to help organizations truly respect their customers’ information by protecting it from possible cyber breaches, often accomplished by hackers via the Domain Name System (DNS). Industry research reveals it typically takes 99...

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