Many of the crypto platforms were experiencing Distributed Denial of Service attack or better known as a DDoS attack. Their page can't be accessed anymore and the users were all frustrated and some were nervous thinking it may be a scam they are invested in. The usual target of hackers to make an attack are those known cryptos and have so many investors in it. Some ICO's were also experiencing this kind of attack just hours before its launching and they were forced to postpone it just to solve this mess. ![ddos.jpg](https://steemitimages.com/DQmVPiV6BCkmx7vSAhDQcpkSrQZfVVsLA2yVFiR3ivXwxpW/ddos.jpg) For us to have an insight what DDoS attack really is, we need to understand how they do the attack. The hackers developed a specialized malware program which they spread through websites, emails, or even in an organization network and when the unsuspected users made the malware to run in his PC, it will make his system into a bot and provides an access point for the attacker to his computer. Once a computer becomes a bot, it is then connected to the attacker's command and control servers and it can now be used whenever it is called to do an attack on a specific target. Every computer that turns into a bot will become a large network of remote PC's called a botnet and is capable to overwhelm another system connection or processor causing it to deny service to the legitimate traffic. Anytime the hacker wants to attack a specific site or system, he will just send a command instruction to all of the computers that were infected with the malware to do a simultaneous attack causing a huge traffic on the target. And the real client of the page can't be accessed anymore due to the pile-up of the bots in the doorstep and eventually, the site will go down. And there will be massive frustrations on the clients' side and a panic of the page owner. The business impact of a successful DDoS attack is substantial and its potential cost vary depending on how long the site is crippled. **1. Financial Losses** - In a business world, every minute counts and if its web page can't be accessed due to the ongoing attack, then the transactions will be cut off - and this means losing millions depending on how big is the business. **2. Reputation damage** - In a web-based business or any businesses that have its web pages, security of their site is a primary concern. If their page has been breached by a hacker then their reputation will be affected. The safety of the clients' records or stocks will be put at risk and their trust rating will go down. **3. Customer Agitation** - There will be a massive complains coming from the customers and their frustration may drive them away. **4. Legal Repercussions** - Due to the losses of costumers money or even records, they may file a complaint and sue the business owners. This is how serious if the site successfully attacked by a hacker. DDoS is just a common way for the hacker to attack a site but if it is not directly addressed properly, it would mean a huge loss of the business and a massive frustration on its clients. <hr> <center> ![Footer.gif](https://steemitimages.com/DQmdeNx4qVXtW6QbPMFnhLaN2bDFvZqTnEC8hKTpsUH8UcK/Footer.gif) </center> <hr>
post_id | 18,112,106 |
---|---|
author | elizahfhaye |
permlink | the-world-of-cryptocurrency-ddos-attack |
category | bitcoin |
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created | 2017-11-19 09:30:12 |
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currentnews | 0 | 631,012,521 | 100% | ||
todaynews | 0 | 614,133,900 | 100% | ||
myanmarkoko | 0 | 570,928,500 | 100% | ||
jerybond | 0 | 625,464,434 | 100% | ||
audreylogan | 0 | 661,620,426 | 100% | ||
kiaraelyard | 0 | 618,206,804 | 100% | ||
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safat | 0 | 159,786,992 | 100% | ||
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christ.banfield | 0 | 618,556,131 | 100% | ||
rcarter.witness | 0 | 90,355,140,953 | 10% | ||
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<p>This post has received gratitude of 16.13 % from @appreciator thanks to @elizahfhaye.</p>
post_id | 18,112,386 |
---|---|
author | appreciator |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t093423459z |
category | bitcoin |
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nice info thanks for sharing @elizahfhaye http://oi64.tinypic.com/2r5akqh.jpg
post_id | 18,112,433 |
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author | sh1980 |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t093506112z |
category | bitcoin |
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elizahfhaye | 0 | 10,378,704,866 | 32% |
Interesting post Informative
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---|---|
author | yasirgawad |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t094359071z |
category | bitcoin |
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elizahfhaye | 0 | 10,622,161,983 | 32% |
Good post. That's one of the reasons why we finally need good decentralized exchangers.
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---|---|
author | fratheone |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t095720754z |
category | bitcoin |
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elizahfhaye | 0 | 10,622,161,983 | 32% |
Good Work!!! Keep the good work up!!!
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---|---|
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t100700226z |
category | bitcoin |
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best10 | 0 | 232,107,734 | 100% |
My goodness, this can be deadly if it affects a world reputable organisation.
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---|---|
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t100704858z |
category | bitcoin |
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elizahfhaye | 0 | 10,356,607,934 | 32% |
really nice & helpfull blog...
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---|---|
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t105733139z |
category | bitcoin |
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@elizahfhaye, Excellent post. Salutations. JaiChai here. Hope you and yours are well and loving life today. RE: Your Post Almost anyone can buy a DDoS bot for a measly sum of money (~$10). If the customer is a total Techno Noob, in order to deploy the DDoS bot against a major website will cost at least another $400-$500 in today's Cyber Terrorist market. Big Corporations can easily lose billions in revenue as the result of even hours of downtime. It's not uncommon for such entities to easily - and willingly - pay >$5,000/month for outsourced DDoS protection. But even then, if the DDoS'ing perp is smarter (or, for whatever reason, a person on the inside goes rogue), that expensive protection - the protection that was supposed to ease executives' minds - may prove utterly worthless in the end. Those who want a new, decentralized method for DDoS protection should look into Gladius.io Namaste, my friend. JaiChai
post_id | 18,118,633 |
---|---|
author | jaichai |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t111114129z |
category | bitcoin |
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fred703 | 0 | 23,301,857,187 | 100% | ||
elizahfhaye | 0 | 20,184,745,390 | 61% | ||
pastbastard | 0 | 5,972,418,380 | 100% | ||
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Wow, that was very informative post @jaichai. As always you give us a very affordable solution in every problem. Just like this, in 10$ a certain website will be protected by thise DDoS attacks. Thanks buddy for this great info. 😄
post_id | 18,126,109 |
---|---|
author | elizahfhaye |
permlink | re-jaichai-re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t125846768z |
category | bitcoin |
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Always happy to help. Namaste, JaiChai
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author | jaichai |
permlink | re-elizahfhaye-re-jaichai-re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t143723188z |
category | bitcoin |
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very informative thank you
post_id | 18,122,144 |
---|---|
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t120258073z |
category | bitcoin |
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<p>This wonderful post has received a bellyrub 41.09 % upvote from @bellyrub. Please make sure to vote for my pops as a witness @zeartul,<a href="https://steemit.com/~witnesses">Here</a></p>
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---|---|
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t124559507z |
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Resteemed by @resteembot! Good Luck! Curious? The @resteembot's [introduction post](https://steemit.com/resteembot/@resteembot/how-to-use-resteembot-updated-2017824t202525149z) The @reblogger's [introduction post](https://steemit.com/resteembot/@reblogger/reblogger-new-resteeming-bot-based-on-resteembot) Get more from @resteembot with the #resteembotsentme initiative Check out the great posts I already resteemed.
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t130805771z |
category | bitcoin |
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A very informative post. I'm glad I took the time to read it. Thank you.
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---|---|
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t131754222z |
category | bitcoin |
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Your Post is simple Awesum!! Thanx for sharing!!
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---|---|
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t202050327z |
category | bitcoin |
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DDOS is one of the must attack that have been growing in the internet. https://www.cmswire.com/~/media/5501db9456dd42cf80f9515ce2593d4f.jpg?h=246&w=400&la=en&hash=3130C830BA87E27A9A51D60570CB0B07A8D774A2 source: *CMSWire* Great post!
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---|---|
author | nascimentoab |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171119t203138827z |
category | bitcoin |
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elizahfhaye | 0 | 12,751,986,136 | 32% |
Thats very informative buddy. DDoS attack is now increasing in the web as the crypto is reigning in the market.
post_id | 18,189,231 |
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permlink | re-nascimentoab-re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171120t052042618z |
category | bitcoin |
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nascimentoab | 0 | 904,746,279 | 100% | ||
elizahfhaye | 0 | 40,675,118,312 | 100% |
### Solid post. <hr> https://nexibeo.com/coincheckup/logo-signature.png [Visit CoinCheckup.com](https://coincheckup.com/?utm_source=comments_on_blogs&utm_medium=link&utm_campaign=Steemit_comments_on_blogs) | [SteemIT - Daily Technical Analysis](https://steemit.com/@coincheckup)
post_id | 18,179,797 |
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author | coincheckup |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171120t022611799z |
category | bitcoin |
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<p>This post has received a 23.53 % upvote from @buildawhale thanks to: @elizahfhaye. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.</p> <p>To support our daily curation initiative, please vote on my owner, @themarkymark, as a <a href="https://steemit.com/witness-category/@themarkymark/witness-themarkymark">Steem Witness</a></p>
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@originalworks
post_id | 18,200,197 |
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author | audreylogan |
permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171120t083432029z |
category | bitcoin |
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The @OriginalWorks bot has determined this post by @elizahfhaye to be original material and upvoted(1.5%) it! <center>![ezgif.com-resize.gif](https://steemitimages.com/DQmaBi37A5oTnQ9NBLH8YU4jpvhhmFauyvgg3YRrEJwskM9/ezgif.com-resize.gif)</center> To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
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author | originalworks |
permlink | re-re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171120t083432029z-20171120t083558 |
category | bitcoin |
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Very nice thanks for sharing
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permlink | re-elizahfhaye-the-world-of-cryptocurrency-ddos-attack-20171120t084540082z |
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