Connect with us

News

DDoS Attacks Increase by 151% in First Half Of 2020

gbafNews28

Neustar, Inc., a global information services and technology company and leader in identity resolution, today released its latest cyberthreats and trends report which identifies significant shifts in distributed denial-of-service (DDoS) attack patterns in the first half of 2020. Neustars Security Operations Centre (SOC) saw a 151% increase in the number of DDoS attacks compared to the same period in 2019. These included the largest and longest attacks that Neustar has ever mitigated at 1.17 Terabits-per-second (Tbps) and 5 days and 18 hours respectively. These figures are representative of the growing number, volume and intensity of network-type cyberattacks as organisations shifted to remote operations and workers reliance on the internet increased.

Neustars role in providing navigation for internet requests (via its global UltraDNS network) and in detecting and mitigating threats (through its UltraDDoS Protect service) has given the company a front-row seat from which to observe macro cyberattack trends, as detailed in its CyberThreats and Trends Report: Jan-Jun 2020.

Largest and smallest DDoS attacks becoming increasingly intense and sophisticated

Large DDoS attacks are bigger, more intense, and happening in greater numbers than ever before. There has been a noticeable spike in large attacks across the industry, most notably the 2.3 Tbps attack targeting an Amazon Web Services client in February “ the largest volumetric DDoS attack on record.

Neustar saw the total number of attacks increase by over two and a half times during January through June of 2020 compared to the same period in 2019. The increase was felt across all size categories, with the biggest growth happening at opposite ends of the scale “ the number of attacks sized 100 Gbps and above grew a whopping 275% and the number of very small attacks, sized 5 Gbps and below, increased by more than 200%. Overall, small attacks sized 5 Gbps and below represented 70% of all attacks mitigated by Neustar between January and June of 2020.

While large volumetric attacks capture attention and headlines, bad actors increasingly recognise the value of striking at low enough volume to bypass the traffic thresholds that would trigger mitigation to degrade performance or precision target vulnerable infrastructure like a VPN, said Michael Kaczmarek, Neustar Vice President of Security Products. These shifts put every organisation with an internet presence at risk of a DDoS attack “ a threat that is particularly critical with global workforces reliant on VPNs for remote login. VPN servers are often left vulnerable, making it simple for cybercriminals to take an entire workforce offline with a targeted DDoS attack.”

The rise in smaller DDoS attacks has been matched by increases in attack sophistication and intensity. 52% of threats mitigated by Neustar leveraged three vectors or more, with the number of attacks featuring a single vector essentially nonexistent. Neustar also tracked new amplification methods and attacks of higher intensity targeted at critical pieces of web infrastructure. The previous high-water mark of 500 millions-of-packets-per-second (Mpps) was topped this year, with an attack of over 800 Mpps recorded.

The dependency and growth in online communications since COVID-19 has fundamentally changed what organisations must do to succeed, said Brian McCann, President, Neustar Security Solutions. There is no one-size-fits-all solution for security, but having a reliable cloud service that ensures availability and security for all services and users has proven to be a critical difference between barely surviving and thriving in this rapidly changing environment.

Ongoing impact of COVID-19 on cyberthreats and industry web traffic

The precipitous rise in DDoS attacks mirrors the growth in internet traffic seen during the pandemic. Internet use is up between 50% and 70% and streaming media rose more than 12% in the first quarter of 2020.This has meant that attackers of all types, whether serious cybercriminals or bored teenagers stuck at home, have had more screen time to be disruptive.

In a study of one of the largest cybercrime sites by Cambridge Universitys Cybercrime Centre, they found that the number of attacks enacted by the website went up sharply at the start of the pandemic and associated lockdown. They also found that instead of existing cybercriminals staging more attacks, it was new attackers driving the increase in DDoS attacks.

The corresponding attacks, like internet traffic, have not been evenly spread across all websites. Its well known that ecommerce and gaming websites have received a lot of negative attention from hackers, but there are other industries that have been hit hard by cybercriminals over the last six months. Healthcare organisations contain sensitive patient information and a growing number of IoT devices that are easily exploited. Combined with the additional pressure of the pandemic, hospitals have become some of the most desirable targets for cybercriminals. Industries that have seen a lot of growth during the pandemic, like online gambling, have also been ripe for cyberthreats. Most notably, online video has seen an incredible rise in both usage and DDoS attacks. Omdia has reported an additional 200 billion hours of Netflix viewing or Zoom video calls over initial 2020 forecasts.Where traffic rises, so too do attacks; Neustar attack mitigations for this vertical increased by 461% over the last six months.

While 2020 has brought radical changes in behaviour to consumers and criminals alike, it is na¯ve to assume that actions of either audience will revert completely to pre-pandemic norms after this crisis passes, added Kaczmarek. Mitigating these increasingly sophisticated DDoS attacks will continue to be a necessary part of doing business online. At a time when many organisations could do with less worry, fully managed services can take the pressure off and ensure critical digital assets are safe and secure.

The report highlights several emerging attacker tactics seen across the industry, including an increase in burst and pulse DDoS attacks, broadening abuse of built-in network protocols such as ARMS, WS-DD, CoAP and Jenkins to launch DDoS amplification attacks that can be carried out with limited resources and cause significant disruptions, NXNS attacks targeting DNS servers, RangeAmp attacks targeting Content Delivery Networks (CDNs), and a resurgence of Marai-like malware capable of building large botnets through the exploitation of poorly secured IoT devices.

A complimentary copy of Neustars CyberThreats and Trends Report 1H 2020 is available here.

 

News

YOFC Presents at China International Information and Communications Exhibition 2020

gbafNews28

BEIJING, Oct. 20, 2020 /PRNewswire/ — Along with its product lineup and solutions designed to empower the deployment of 5G Internet, leading edge and intelligent applications in the future, Yangtze Optical Fibre and Cable Joint Stock Limited Company ("YOFC" or "the Company") (601869.SH, 06869.HK), a global leading optical fibre and cable provider, attended the China International Information and Communications Exhibition (PT Expo) 2020 organized by the Ministry of Industry and Information Technology of China.

YOFC's Exhibition Booth at China International Information and Communications Exhibition 2020
YOFC’s Exhibition Booth at China International Information and Communications Exhibition 2020

At the YOFC booth, the Company’s Space Division Multiplexing (SDM) solution for next-generation data centres took central stage. The solution was created based on new multi-core fibre technology, suitable for 800Gb and beyond systems, addressing the urgent demands of data centres for bigger capacity, longer transmission distance, high-density connections and low energy consumption. Also sharing the spotlight was the Company’s latest innovations in optical communications and materials.

New Products and Solutions Helping to Develop New Infrastructure Powered by Next-Gen Information Networks and 5G

YOFC’s robust industrial expertise and over 30-year exploration in ICT have enabled the Company to flesh out a product and solution roadmap that empowers the development of a new type of infrastructure enabled by next-gen information networks. With a global rollout of 5G on the horizon, YOFC showcased innovations covering five main categories to meet with pressing new infrastructure needs in the 5G era, which are 5G Series Products and Solutions, Power Grid Communication, Industrial Internet, Big Data Centers and Rail Transportation.

Building a robust 5G ecosystem requires new fibre, cable and optical modules with excellent quality and high efficiency. YOFC has developed solutions for various intelligent applications that will help accelerate a transition to 5G and the Internet of Everything. As part of the product lineup and solutions for 5G facilities, YOFC showcased MWDM Front-haul Solution,Cable Solution for Carrier Network and Optical Transceiver for 5G.

For the sophisticated and complex networks of ultra-high-voltage electricity transmission (UHV), To address these challenges, YOFC presented its latest products designed for a cleaner, safer, and more efficient modern energy system. Amongst these offerings, the G.654.E fibre features ultra-low attenuation with a large effective area, high-fibre-count OPGW cables, and icing monitoring system.

Green, flexible, fast and intelligent, these are some of the key features that define the future of big data centres. YOFC has developed integrated cabling solutions for data centres that feature high density, high performance, reliability and scalability. Products such as optical transceivers and all-in-one cabinets using edge-computing-integrated infrastructure, achieve more effective connectivity and reliable security for network transmission and information processing for data centres.

For rail transportation, YOFC has been leveraging its strength in cable manufacturing to develop numerous technologies for urban rail transit that achieve full bands, wide coverage and low attenuation, including 5G broadband radiation-mode leaky coaxial cable, distributed temperature system and distributed vibration monitoring system. These technologies accommodate the demands of urban rail systems for communication and promote the application of digital technologies in urban rail transportation.

Smart Ocean and Home Solutions

YOFC offers diversified products and solutions for smart tourism, smart communities, and smart education that provide a wide range of smart services, focuses on F5G all-optical network and transforming from "Fibre to the Home (FTTH)" to "Fibre to Everywhere" by expanding the application of the optical technology to all service scenarios. At the exhibition, YOFC presented its key technologies for the ocean and home.

  • Smart Ocean Solutions: YOFC showcased submarine optical cables to be used in various transoceanic communication systems applicable for both deep and shallow sea. The solution also features alternating (direct) current submarine (photoelectric composite) cables for power transmission;
  • Smart Home Solutions: including YOFC’s original BendRobust™ speciality bend-resistant fibre and self-developed high-efficiency photoelectric conversion chip which can maintain high performance and stability across various complex environments.

As information and communication technology (ICT) continues to revolutionize people’s way of life, YOFC continues its commitment to the core mission of establishing a smart link to create a better life, and serving global customers with innovation-led, high-performance and high-quality products; joining efforts with global partners to build a brighter future.

Related Stocks:
HongKong: 06869  
Shanghai: 601869 

Related Links:
https://en.yofc.com/

Related Links :

http://www.yofc.com

Continue Reading

News

IT Tech Packaging, Inc. Participated the ALL IN PRINT CHINA Exhibition

gbafNews28

BAODING, China, Oct. 20, 2020 /PRNewswire/ — IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its CEO Mr. Zhenyong Liu together with its marketing team participated The 8th All In Print China Exhibition held in Shanghai City, the first comprehensive exhibition in printing and packaging business after the COVID-19 epidemic outbreak. The roaring trade released a strong signal of the positive recovery of the printing and packaging industry.

ITP partivipated The All In Print China
ITP partivipated The All In Print China

Mr. Zhenyong Liu, the CEO and Chairman of the Company commented: "the printing and packaging industry is improving as the domestic economy continues recovering, and so is the company. The two-day visit gave us a deep understanding about the latest materials, techniques and products. We will follow the industry trend and strive for a better performance with more advanced producing technology and product quality."

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE MKT since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company’s public filings with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
[email protected]
Tel: +86 0312 8698215

Related Links :

http://www.itpackaging.cn/

Continue Reading

News

Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing

gbafNews28

CHENGDU, China, Oct. 20, 2020 /PRNewswire/ — Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced the signing of a Framework Agreement with BYD Auto Sales Co., Ltd., a wholly owned subsidiary of BYD Company Limited ("BYD",(HK:1211)), for the sale of BYD manufactured electric vehicles ("EVs") to Senmiao and joint promotion of EV vehicles for utilization in China’s ride-sharing or ride-hailing market.

Under the agreement, Senmiao has agreed to promote and give priority to BYD’s EVs for its leasing customers utilizing the vehicles for the purposes of ride-sharing, while BYD will provide favorable pricing, financial support, charging station priority, marketing, and after-sales service. As part of the agreement, Senmiao will provide an initial deposit and expects to purchase at least 5,000 vehicles from 2020 to 2021 to support expected ride-sharing growth.

Senmiao currently ranks first in the ride sharing market in large Chinese cities Chengdu (based in Sichuan Province with a population over 16 million) and Changsha (based in Hunan province with a population over 8 million).  Senmiao has focused on growing its leading position in its core markets, and believes this agreement will help to accelerate its growth given the high demand for EVs and energy efficient automobiles.

In April 2020, China announced a Three-Year-Blue-Sky-Action Plan to accelerate the adoption of EVs. In addition, following the impact of the COVID-19 pandemic, China extended monetary incentives and prolonged purchase-tax exemptions of new EVs through 2022.

BYD is one of the largest manufacturers of automobiles, battery-powered bicycles, buses, trucks, forklifts, solar panels, rechargeable batteries, and most notably mobile-phone batteries.

Xi Wen, Senmiao’s Chairman and Chief Executive Officer stated, "We are delighted to enter into this framework agreement with such a well-regarded company as BYD as we continue to promote the use of EVs in public transportation. We feel that the combination of our position in the ride-sharing markets where we operate along with the demand for EVs in China generally will be an exceptional fit for our customers. Our goal is to provide a wide range of financing and leasing options as we build out Senmiao’s network throughout China, and agreements such as this are instrumental to achieving appropriate scale."

Weiming Zhang, the vice general manager of BYD Auto Sales Co., Ltd. noted, "We are pleased to partner with Senmiao and look forward to supporting the expansion of EV automobiles in the ride-sharing market."

The framework agreement sets out the general terms of the parties intentions for their collaboration, with the goal reaching a more definitive agreement as the collaboration matures.

About Senmiao Technology Limited

Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services aimed principally at the growing ride-sharing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com.

Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements also are subject to risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. 

For more information, please contact:

At the Company:
Yiye Zhou
Email: [email protected]
Phone: +86 28 6155 4399

Investor Relations:

The Equity Group Inc. 
Adam Prior, Senior Vice President 
(212) 836-9606  
[email protected] 

In China
Lucy Ma, Associate
+86 10 5661 7012
[email protected]

© 2020 Senmiao Technology Ltd.  All rights reserved.

 

Related Links :

http://www.senmiaotech.com

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
gbafNews28 gbafNews28
News1 hour ago

Mercury Derivatives Trading Selects Eventus Systems for Trade Surveillance

Global Futures Proprietary Trading Firm Deploys Validus Platform AUSTIN, Texas, Oct. 20, 2020 /PRNewswire/ — Eventus Systems, Inc., a multi-award winning...

gbafNews28 gbafNews28
News1 hour ago

VolitionRx Limited Announces Details for Virtual Capital Markets Day 2020

AUSTIN, Texas, Oct. 20, 2020 /PRNewswire/ — VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition") a multi-national epigenetics company developing simple, easy...

gbafNews28 gbafNews28
News1 hour ago

Samsung Biologics inks development partnership with Dinona for potential COVID-19 treatment

INCHEON, South Korea, Oct. 20, 2020 /PRNewswire/ — Samsung Biologics (207940.KS) has entered into a partnership agreement with biotech Dinona,...

gbafNews28 gbafNews28
News1 hour ago

CoinLock Announces Collaboration with Idoneus, IDON Token Available on Platform Today

– IDON luxury asset token to begin trading on the platform today. – IDON users can now enjoy more utility—like free hedging...

gbafNews28 gbafNews28
News1 hour ago

ATIF Holdings Limited Signs Letter of Intent to Acquire Illuminated Air Purification Solution Provider to Expand into Healthcare Technology Field

SHENZHEN, China, Oct. 20, 2020 /PRNewswire/ — ATIF Holdings Limited (Nasdaq: ATIF, the "Company"), a company providing business consulting and multimedia...

gbafNews28 gbafNews28
News1 hour ago

Over A Million Products On Sale During Banggood’s 11.11 Global Shopping Festival

GUANGZHOU, China, Oct. 20, 2020 /PRNewswire/ — Banggood, a leading cross-border e-commerce retailer, is offering exclusive discounts for its global...

gbafNews28 gbafNews28
News1 hour ago

Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing

CHENGDU, China, Oct. 20, 2020 /PRNewswire/ — Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related...

gbafNews28 gbafNews28
News1 hour ago

IT Tech Packaging, Inc. Participated the ALL IN PRINT CHINA Exhibition

BAODING, China, Oct. 20, 2020 /PRNewswire/ — IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"),...

gbafNews28 gbafNews28
News1 hour ago

YOFC Presents at China International Information and Communications Exhibition 2020

BEIJING, Oct. 20, 2020 /PRNewswire/ — Along with its product lineup and solutions designed to empower the deployment of 5G...

gbafNews28 gbafNews28
News1 hour ago

Aberdeen’s green stone coating expands into USA

TAIPEI, TAIWAN – Media OutReach – 20 October 2020 – The faux stone coating for buildings, a green product developed and...