In this episode, returning guest Abhistha -- now Assistant Professor in network security at the University of Utwente -- digs into his latest research on the real economic impact of distributed denial-of-service (DDOS) attacks such as the Mirai botnet. With the internet-of-things continuing to grow as an attack surface, and compromised devices increasing both in number and processing capacity, we take an in-depth look at the underground economics of botnets -- and why some large corporations may not be owning up to the true extent of the threat to their bottom line.
In this episode we meet Abhishta, one of the authors of the paper 'The Business Model Of A Botnet', from the University of Twente in Netherlands. This fascinating research was widely discussed on release, at least partly due to its insights into the astonishing sums of money botnet operators are making -- and how they're doing it. We sit down with Abhishta to discuss how Botnets are created, and the multiple ways they can be used to make profit for their operators; attacks on critical internet infrastructure like Dyn; and the surprising actors behind some big DDOS attacks on banks in the Netherlands. Abhishta fills us in on so-called 'stresser' botnet operations like Lizard Stresser, a kind of rent-a-botnet model, and we consider the surprising accessibility of mother of all attacks: a DDOS against the internet itself -- and how it could be used to net billions of dollars.
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