Record Revenues During Black Friday And Cyber Monday, PayPal Data Breach And More In This Weeks News

Total Black Friday and Cyber Monday revenue: $11.5B

Akamai published an article with their closing numbers on how their clients performed during Black Friday and Cyber Monday. All previous records were broken with $11.5B in total revenue for these days which means the anticipation that a record breaking number of online shoppers this season is entirely true. In the article there are also many different interesting information like the fact that 40% of the Black Friday revenue has been generated via mobile devices.

Table showing traffic distribution for Cyber Monday 2017 by device type.

Read more: Akamai Blog

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

PayPal data breach affects 1.6M users

At the end of the last week PayPal disclosed that they were affected by a data breach. More specifically the data breach happened at a payment processing company they acquired earlier this year. The breach may have compromised the personally identifiable information (PII) or potentially financial data of approximately 1.6 million customers. The affected company was TIO networks, a company based in Vancouver that operates under PayPal’s umbrella, processing over $7B in consumer bill payments in 2016.

A silhouette of a person in front of a glowing PayPal sign.
Image Source

Read more: Hacking Threat

Andromeda botnet taken down

Andromeda has previously been described by Europol (EU’s law enforcement agency) as “one of the oldest malwares on the market”. It should come as no surprise that in order to take it down, operatives from Germany, the US and Belarus had to take down 1500 web domains that were deployed in order to distribute and control the Andromeda malware. Apparently, there were 2 million command and control centers all together and they’ve successfuly rerouted traffic from the infected computers to less dangerous sites.

Screenshot of an admin panel with a world map and user data table.

Read more: Hacking Threat

Phishers are upping their game

Previously it was very easy to spot a phishing website – they usually consisted of poor copy & design and obvious spelling errors. Today however, they are more sophisticated than ever. KrebsonSecurity published an article where he analyses how the most sophisticated phishing attacks of today work. Apparently, they are seriously upping their game by polishing their copy and by even hosting scam pages over https:// connections – complete with the green lock icon in the browser address bar to make the fake sites appear more legitimate.

A fishing hook hanging from a light blue background

Read more: KrebsonSecurity

Leakbase goes dark

Leakbase, a website that indexed and sold access to billions of usernames and passwords that were previously stolen in on of the worlds largest data breaches has recently closed up shop, as reported by KrebsonSecurity. On this website there were membership information of around two billion members from Linkedin, Myspace and even Dropbox.

Screenshot of the Leakbase homepage featuring the title

Read more: KrebsonSecurity

Latest Articles

Three Ways CISOs Can Combat Emerging Threats in 2025

73% of CISOs fear a material cyberattack in the next 12 months, with over three-quarters convinced AI is advancing too quickly for existing methods to combat it. But what can CISOs do to prepare for the coming wave – and access the resources they need to deal with this evolving threat landscape? To find out, […]

11th November, 2024
How Optimizing Kafka Can Save Costs of the Whole System

Kafka is no longer exclusively the domain of high-velocity Big Data use cases. Today, it is utilized on by workloads and companies of all sizes, supporting asynchronous communication between even small groups of microservices.  But this expanded usage has led to problems with cost creep that threaten many companies’ bottom lines. And due to the […]

Itay Tal Head of Cloud Services
29th September, 2024
Migrating Volumez RedHat VMs into Amazon Linux 2 for higher effective discounts rate of Saving Plan

A cloud data infrastructure company relied on extensive use of multiple instance types to test its products. But this made it difficult to optimize costs – a fact which had begun to impact their ability to scale the business.   The GlobalDots team helped the company identify and implement a new infrastructure configuration that both saved […]

Itay Tal Head of Cloud Services
19th September, 2024
How Yuki Achieved SOC 2 Compliance 6x Faster

Overview A fast-growing Snowflake optimization platform was missing out on customers because they didn’t have the right data security compliance. Through multiple consultations and extensive vendor-testing, the GlobalDots team selected a solution to provide both tech and human support, helping the company achieve SOC 2 compliance within just 3 months – and win new customers […]

Itay Tal Head of Cloud Services
16th September, 2024

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.

    GlobalDots' industry expertise proactively addressed structural inefficiencies that would have otherwise hindered our success. Their laser focus is why I would recommend them as a partner to other companies

    Marco Kaiser
    Marco Kaiser

    CTO

    Legal Services

    GlobalDots has helped us to scale up our innovative capabilities, and in significantly improving our service provided to our clients

    Antonio Ostuni
    Antonio Ostuni

    CIO

    IT Services

    It's common for 3rd parties to work with a limited number of vendors - GlobalDots and its multi-vendor approach is different. Thanks to GlobalDots vendors umbrella, the hybrid-cloud migration was exceedingly smooth

    Motti Shpirer
    Motti Shpirer

    VP of Infrastructure & Technology

    Advertising Services