MIS 301 Lecture Notes - Lecture 24: Bitcoin, Ransomware, Phishing

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More than 6 new threats every second. Cost to global economy: make a lot of fast money, more money than drug trade. Can directly impact your life: hack. Send messages to hundreds, thousands, millions of ppl. Hope that at least a few respond: ex: lots of emails include malware attachment. Scam that tries to steal info or actual money. Spear-phishing: target a specific organization i. e. a fake mccombs email that sends you a class schedule, wants you to click a link so that it can be downloaded. Really hard to find the actual hacker. Tries to make online service unavailable by overwhelming it by increasing traffic from multiple sources. Customers make attack orders : to bot-herders (leads, cost: - worth one week long ddos attach to disable small organization. Sending more connection requests than can be handled by server: 2. Make computers send their victims huge amounts of random data to use up target"s bandwidth.

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