Cybercriminals use DDoS attacks as “smokescreens” for major cyber thefts

JMH · Aug 23, 2013

Millions of dollars have been lost to a new hi-tech tactic used by cybercriminals – where a low-powered DDoS attack is used as “cover” for a direct assault on the bank’s payment system.

Avivah Litan, an analyst at Gartner, describes the attack type as “ominous” and says that it has emerged in the past few months. Speaking to SC Magazine, Litan said that “stealth” low-powered DDoS attacks had been used in thefts totalling “millions”.

Cybercriminals use DDoS attacks as ?smokescreens? for major cyber thefts - We Live Security

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Cybercriminals use DDoS attacks as “smokescreens” for major cyber thefts

JMH

Emeritus, Contributor