News and Updates on Information Technology

Australia –

Exploit: DDoS attack Online auction platform

Risk to Small Business: 1.393 = Severe

A DDoS attack disrupted and ultimately forced the cancellation of an auction of the largest private whisky collection for public sale. The event was expected to net millions of dollars, and the cancellation will undoubtedly hurt the company’s bottom line. To protect critical data, the company was forced to bring its website offline, and members are encouraged to stay alert for future breach notifications.

Individual Risk: At this time, no personal information was compromised in the breach.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Even before COVID-19 forced everyone online, many people already preferred digital platforms to in-person buying experiences. Of course, the pandemic has only accelerated this trend, which means that companies looking to capitalize on digital platforms need to ensure that they are safe, secure amidst a rapidly expanding threat landscape.