2022 And Darkweb's DDOS
The article talks about DDOS around Darkweb space in 2022.
With 2022 New Markets as they face an onslaught of constantly evolving cyber threats and attacks to their servers, markets must make decisions about which ones pose the greatest risk, how to best defend against these attacks, and how to budget for each category of threat.
Distributed Denial of Service (DDoS) attacks are now high on the list of dangerous threats. A DDoS attack occurs when multiple compromised systems are used to launch an attack on a single target, overwhelming it with junk traffic that takes it offline, or significantly degrades its performance. Either scenario can also distract IT teams to give pentesters and hackers the chance to exploit other vulnerabilities, to steal data or infect site or tor network with various means.
There are two main reasons DDoS attacks remain a perennial problem for :
1) because they are easy and inexpensive to execute, and
2) they can cost an organization thousands/millions of dollars in terms of remediation costs, lost revenue, lost productivity, loss of market share, and damage to brand reputation. Some costs can be quantified more easily than others.
Loss of revenue
Downtime can be extremely costly, depending on the type of business and the size of the organization. One hour of downtime for a financial institution versus an hour of downtime for a university network may incur very different costs, but the impact on customers or users is significant in either case. In the past few years, Famous markets like Dream, Hansa, Wallstreet, Monopoly ,Cartel hours of downtime from a High Priority application was estimated to cost ateast $100,000. With such a balance between High Priority and Normal in impact costs, it’s clear that “all data matters” and that downtime is intolerable anywhere within today’s environments.”
When a darknet market or a service is degraded, or worse, is taken offline completely, that usually means admin/operator can’t work as efficiently, or in many cases, at all. This has become particularly apparent during the COVID-19 pandemic, as a much larger percentage now work remotely and depend on reliable connectivity to collaborate with market staff. When factoring in the overall cost of a DDoS attack, bears the cost per hour of system downtime.
Scrambling to recover scripts and codes during and after a DDoS attack incurs additional labor costs, such as overtime or the need to use outside consultants. And, the fallout can affect more than just the staff; a DDoS attack and the associated downtime can impact a markets public relations, and strain existing customer support teams who may be scrambling to respond to customer complaints disputes or requests.
Damage to brand reputation
Some industries — such as Darket Net Markets, Bitcoin Casions. Hosting, Datacenters, and other dark services — rely heavily on their reputation for service availability.
If customers can’t trust that a vendor will be consistently online and available, they can easily spread the word online, via Reviews, forums or other social media channels. To acquire new customers in a highly competitive environment a market must maintain a positive reputation.
Loss of market share/sales
DDoS attacks can create customer churn. When an end user is denied access to or fails to login repeatedly, or if bug issues obstruct the user experience, it can impact the bottom line, because customers who can’t rely on a market to provide consistent service may go elsewhere to conduct their business.
Although ransomware is a distinctly different type of cyber-attack, in recent years DDoS attackers have increasingly paired DDoS attacks with ransom demands, i.e., attackers threaten an organization by holding their Files/Bugs/Data hostage and threatening to launch a DDoS attack on top of that, unless the organization pays an exorbitant crypto ransom fee. It’s not wise to pay a ransom fee, but let’s face it, sometimes markets do..
It’s usually not something that makes the news, because organizations don’t want to publicly admit that they have paid a ransom. One exception was the Traderoute Incident incident years back, in which the admins paid $50k USD in ransom to be freed from its hostage position.
How to Avoid Downtime
For Market users, lookout out for PGP verified links only, Do not use just any link unless PGP verified, or if its from markets or from a genuine source/forum.
DDoS attacks can be short, or long-lasting. Obviously, long-lasting attacks can be more costly, but it’s important to not underestimate the damage that shorter attacks can incur, especially if they are recurrent. Time to mitigation is a significant factor; even seconds of degraded network performance or complete downtime can impact an organization. To defend against either small or large DDoS attacks, instant detection and mitigation is necessary, and that can be accomplished only by having a fully automated, always-on, real-time DDoS mitigation solution.