Denial-of-service attacks have far-reaching ripple effects. Bank web sites taken down by hackers prevent millions of transactions from taking place, thereby threatening not only the bank, but the businesses dependent on them. A DOS attack of a cloud provider has the same effect — shutting down the data platforms of each customer. DOS attacks disrupt the technology “supply chain,” and the aggregate risk is monumental.
As businesses grow more technology-dependent and interconnected via a network of key vendors, the danger of a DOS attack grows exponentially. Some U.S. adversaries have taken notice. The FBI blamed Iranian hackers for a 2013 DOS attack on JP Morgan. Other groups could use this technique to bring down U.S. businesses.
Sponsor’s Information: Learn more about how Starr Companies can help with your cyber risks.