8 DDoS Attacks That Make Business Think Harder About IoT Security

http://i.crn.com/images/russian_flag400.jpg

Russian Banks Hit With Waves Of DDoS Attacks

In November, at least five Russian banks, including Sberbank and Alfabank banks, were the victims of prolonged DDoS attacks that lasted over two days.

According to Security Affairs, the attack came from a wide-scale botnet involving up to 24,000 computers and IoT devices that were located in 30 countries. The banks' online clients services were not disrupted.

According to security firm Kaspersky Lab, the incident was the first time that massive DDoS attacks hit Russian banks in 2016.