Cybersecurity » Bot Attacks Common, Few Companies Protected

Bot Attacks Common, Few Companies Protected

March 2, 2021

Isometric Virus protection concept. Internet security. Cyber attack on the computer. Computer protection by antivirus software. Protective laptop and shield. Vector illustration.

The onset of the pandemic spurred “two years’ worth of digital transformation in two months,” according to Microsoft’s Satya Nadella, but cyberthieves have adapted, with bots topping the list of tools they use. Their preferred victims are newly-online businesses. Bot can be used to gather content or data, and work well for ad fraud, card fraud and inventory fraud. Distributed denial of service attacks where junk traffic is directed at an online service with the purpose of flooding it to the point of knocking it offline are common. Analysts from Google claim that only a dedicated management solution offers protection, and too few companies have such a system. That breaks the link between application security and security operations teams, and e-commerce, fraud, and network security pros, and allows for bots to pose a threat to business operations. “Many businesses focus on the types of attacks that are mostly commonly in the news, rather than the attacks that can cause the most damage to their bottom lines,” says an analyst.

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