Massive DDoS Attacks Hit Russian Banks

By   ISBuzz Team
Writer , Information Security Buzz | Nov 12, 2016 01:03 pm PST

A wave of DDoS attacks hit at least five Russian banks with prolonged DDoS attacks this week. Among the victims of the DDoS attacks against the online banking services there are Sberbank and Alfabank banks. The string of DDoS attacks began on Tuesday afternoon and lasted over two days. Stephen Gates, chief research intelligence analyst at DDoS mitigation company, NSFOCUS commented below.  

Stephen Gates, Chief Research Intelligence Analyst at DDoS Mitigation Company, NSFOCUS:

stephengates_professional“What we have learned in the past 12 months alone, is that no organisation, government or nation is immune to the pending threat of DDoS; as IoT botnets grow larger in numbers and with greater firepower than ever witnessed before.  It’s time for the world’s leaders to come together to eliminate this threat once and for all, or remain in status quo – being every man for themselves. Global collaboration, world-wide deployment of defensive infrastructures, harsh international prosecution of perpetrators, and universal IoT manufacturing accountability must accelerate.  Wake up world, this problem will never go away on its own.”