Largest bitcoin exchange, Mt. Gox, ‘throttles’ trading to tame price swings
The largest bitcoin exchange, Mt. Gox, is in a continuing battle with miscreants trying to manipulate the price of the virtual currency.
Early Monday, Mt. Gox wrote on its Facebook page that it was once again struggling with a very large distributed denial-of-service (DDOS) attack. The exchange said earlier this month it has been hit by attacks upwards of 80Gbps, which it believed were intended to swing bitcoin's price.
The virtual currency can be bought on exchanges around the world. But Mt. Gox's market tends to set the price of bitcoin since it is has the highest volume of trades and users. Confidence in the bitcoin market is somewhat dependant on Mt. Gox's ability to keep its exchange running smoothly. Read more...
Fix your DNS servers or risk aiding DDoS attacks
Although this week's large-scale DDoS attack against Spamhaus may not have been as crippling as early reports suggested, they were noteworthy in that they shined spotlights on a couple of the Internet's many underlying weaknesses. Among them are open DNS resolvers, which enable a technique called DNS amplification wherein attackers bombard target servers with as much as 100 bytes of network-clogging traffic for every one byte they send out. Read more...
Sony Greek Website Is Latest To Be Hacked
Sony BMG Greece has become the latest Sony website to suffer a security breach as hackers scour the company’s web presence for more vulnerabilities.
According to the Naked Security blog, which cites Hacker News as the source of its story, an anonymous poster has uploaded a user database to pastebin.com, along with names and email addresses of people registered to SonyMusic.gr.
Chester Wisneiwski at Naked Security says it appears the hacker used an automated SQL injection tool Read more...