The World economic forum released its annual Global risk report prior to 2017 WEF meeting at Davos, Switzerland. The report highlights the risks emanating from AI, Cyber espionage and Internet of things, and focuses on the rise of cyber dependency due to increasing digital interconnection of people, things and organizations.
In late September and late October 2016 two massive distributed denial-of-service (DDoS) attacks successfully targeted and impacted the operations of their targets. In the October DDoS against Dyn, a cloud-based Internet Performance Management company, several high profile organizational websites (Twitter, Pinterest, Reddit, GitHub, Etsy, Tumblr, Spotify, PayPal, Verizon, Comcast, to name a few ) for a substantial part of the day. While Dyn was ultimately able to mitigate the three-wave attack, it did impact users’ abilities to access these sites.