Tag Archives: Biggest

Russian tech company Yandex said a cyberattack on its servers this summer was the largest known distributed denial-of-service (DDoS) attack in the history of the Internet. In a September 9 blog post, Yandex said it had identified a powerful new botnet, a network of computers infected with malware and controlled without the owners’ knowledge, that has also carried out DDoS attacks in other countries. A DDoS attack is a hacking attempt to disrupt the traffic of a targeted server or network… Source link

Russian internet giant Yandex is reportedly grappling with the largest distributed denial-of-service (DDoS) attack on the Russian-language community on the internet and websites collectively known as Runet.  The news comes courtesy of Russian-language publication Vedomosti who claim the scale of the attack was confirmed by Cloudflare.  According to BleepingComputer, Runet was conceptualized to function independently of the world wide web, and maintain unified country-wide communication… Source link

MOSCOW (Reuters) – A cyber attack on Russian tech giant Yandex’s servers in August and September was the largest known distributed denial-of-service (DDoS) attack in the history of the internet, the company said on Thursday. The DDoS attack, in which hackers try to flood a network with unusually high volumes of data traffic in order to paralyse it when it can no longer cope with the scale of data requested, began in August and reached a record level on Sept. 5. “Our experts did… Source link

Reuters Standard Chartered sees bitcoin hitting $100,000 by early next year A new cryptocurrency research team at Standard Chartered has predicted bitcoin will double in value and hit $100,000 by early next year and that it could be worth as much as $175,000 longer-term. The bank also said it “structurally” valued Ethereum, the second-most traded crypto asset, at $26,000-$35,000 although to reach that level bitcoin would have to be near $175,000. “As a medium of exchange, bitcoin may become… Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov MOSCOW, Sept 9 (Reuters) – A cyber attack on Russian tech giant Yandex’s servers (YNDX.O) in August and September was the largest known distributed denial-of-service (DDoS) attack in the history of the internet, the company said on Thursday. The DDoS attack, in which hackers try to flood a network with unusually high volumes of data traffic in order to… Source link

MOSCOW, Sept 9 (Reuters) – A cyber attack on Russian tech giant Yandex’s servers in August and September was the largest known distributed denial-of-service (DDoS) attack in the history of the internet, the company said on Thursday. The DDoS attack, in which hackers try to flood a network with unusually high volumes of data traffic in order to paralyse it when it can no longer cope… Source link

(Bloomberg) — Sea Ltd. aims to raise $6.3 billion in the largest equity offering of the year, a deal that will propel a global expansion and acquisitions for Southeast Asia’s largest company. The online gaming and e-commerce firm backed by Tencent Holdings Ltd. is offering 11 million shares, a stake worth about $3.8 billion at Wednesday’s close. It also intends to issue $2.5 billion of equity-linked debt. Sea, which has risen more than 70% this year, fell in post-marketing trading in New… Source link

(Bloomberg) — Wealthy Americans wondering how much more taxes they’ll owe after Democrats pass their sweeping social-spending package may have to wait until deep into the fall, or later, to find out. The tax-writing panels in the House and Senate had until Sept. 15 to finish writing the details of what would amount to the biggest tax-hike package since 1993. Those details are part of a legislative push that incorporates Democrats’ plans for ramping up spending on initiatives including… Source link

The S&P 500 (^GSPC) has marked a 100% gain since its March 23, 2020, closing low of 2,237.40, closing at 4,479.71 this past Monday. Amid this bull market for equities, however, a recently published State of the Markets report by Wells Fargo (WFC) Investment Institute (WFII) President Darrell L. Cronk lists 10 current risks that could pose a threat to markets and create the “possibility of a near-term correction.” “It is often said that bull markets climb a wall of worry, and today,… Source link

Mortgage rates take the biggest leap in 8 weeks as clock ticks on refinancing Despite yet another wave of COVID-19 putting stress on the economy, a long-running survey shows mortgage rates have posted their biggest rise in eight weeks. Analysts say rates jumped because of an encouraging report on hiring in the U.S. If one positive report in the midst of a major COVID flare-up is enough to push rates higher, further signs of economic stability could easily do the same. Experts warn that once the… Source link