E-Biz sites hit with targeted attacks, extortion threats
Attackers may be shifting their strategy and aiming at specific companies
September 24, 2004 12:00 PM ETComputerworld -
A distributed denial-of-service attack that disrupted Web-based systems at credit card payment-processing firm Authorize.Net Corp. earlier this week is indicative of a sharp increase in the number of cyberattacks being aimed at specific companies and driven by profit motives on the part of the hackers who launch them (see story).
The DDoS attack against Authorize.Net coincided with the release of a report by IT security software vendor Symantec Corp., which said its analysis of network attacks in the first six months of this year shows that malicious hackers appear to be moving away from mass attacks to more focused ones aimed at e-commerce sites.
Other security vendors and analysts painted a similar picture.
"We're seeing a big escalation of attacks targeted at e-commerce companies," said Tom Corn, a vice president at Mazu Networks Inc., a Cambridge, Mass.-based vendor of DDoS-mitigation technologies. Many of the attacks involve attempts to extort money from the targeted companies, he said.
The plight of Bellevue, Wash.-based Authorize.Net was a perfect example. The company, which provides payment-processing services to more than 100,000 mainly small to midsize online businesses, was the target of intermittent but "large-scale" DDoS attacks that began on Sept. 15, said Authorize.Net's marketing director, David Schwartz. The attacks resulted in periods of "brief disruptions" for Authorize.Net's customers, said Schwartz.
The attacks were launched a few days after company officials refused to give in to an extortionist's demand for "a substantial amount of money," Schwartz said. "It was something that was sent to our general mailbox," he said, adding that the FBI and other law enforcement authorities are investigating the incident.
This isn't the first time Authorize.Net has been targeted by cyberattackers, but the scope is bigger. "We have been attacked in the past, but not on this scale and with such tenacity," Schwartz said.
Jonah Paransky, a senior manager at Cupertino, Calif.-based Symantec, said 16% of the attacks against e-commerce sites that the company analyzed were targeted. In the same period last year, just 4% of the attacks on e-commerce sites were thought to be aimed at specific sites. The increase suggests "that attackers are turning to where the money is," Paransky said.
A jump in the number of remotely controlled "bot networks" used to launch such attacks is also increasing the seriousness of the threat, Paransky added. Between January and June, the number of bot networks monitored by Symantec rose from fewer than 2,000 to more than 30,000, he said. Malicious hackers also have been getting faster at exploiting new vulnerabilities.
In addition, the
Additional Resources


White Papers & Webcasts
How Controlling Access to Privileged Accounts Can Keep Insider Threat from Hurting Your Bottom Line
This white paper explores insider attacks and insider risk, and shows how to control them by controlling and monitoring access. The paper describes...
Usability Is Everything
Learn what sets Workday's HR and Payroll solutions apart from the competition....
Military Uses Bit9 Parity to Defend Against New Generation Attacks
When a military organization faced an exercise, in which there was an attempt to breach and infect the network, they decided to use...
The Value of Real SaaS at Workday
Cost savings, speed to value, and innovation brought to the enterprise by Workday's software-as-a-service solutions for HR and Payroll....
Eliminate Spam, Gain Productivity
In this exclusive whitepaper, learn all about the dangers of spam and the cost to your business....
SaaS at Flextronics, Inc.
Dave Smoley, CIO of Flextronics, discusses the real value of software-as-a-service and why he chose Workday for his HR solution....
Sustaining SOX Compliance: Best Practices to Mitigate Risk, Automate Compliance, and Reduce Costs
Since the adoption of SOX, much has been learned about IT compliance. Discover how to make SOX efforts more effective in "Sustaining Sox...
Why Compliance Pays
This OnDemand webcast explores the relationship that firms with best compliance records have higher revenue, greater customer retention, lower financial losses from data...
IDC White Paper: CCM for IT Compliance and Risk Management
Learn from industry analysts how IT organizations are using configuration management to meet compliance requirements and instill best practices. Find out how these...
Agile Enterprise Content Management (ECM) for Rapid ROI
Find out how combining ECM and BPM will help adress issues about content rich business processes....
Subscribe to Computerworld


