Hackers take down Forbes.com

2014-02-18 11:15
(Duncan Alfreds, News24)

(Duncan Alfreds, News24)

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Cape Town - Hackers have targeted Forbes.com in an attack that has forced the website to temporarily shut down.

Forbes acknowledged on Tuesday that it had been attacked and posted a message on its website.

"The e-mail address for anyone registered with Forbes.com has been exposed. Please be wary of e-mails that purport to come from Forbes, as the list of e-mail addresses may be used in phishing attacks," the company said.

It warned that though its passwords are encrypted, platform users should change login details as a precaution.

The company told users that they would not be allowed to login to the site during the outage.

"We have currently disabled log-in functionality on Forbes.com and invalidated all passwords. During this time, you will not be able to access your account or add your comments to the site. We will send you a follow-up email when log-in is reopened with simple instructions on how you can reset your password to a different one," CEO Mike Perlis wrote in an e-mail.

Sophisticated

Cybercriminals are becoming increasingly sophisticated and a recent study showed that while company executive value big data, many were unsure of how to manage it effectively.

A November study by KPMG International subsidiary KPMG Capital found that 85% of executives struggle to analyse and interpret their existing data.

The disjointed nature of corporate management of big data has contributed to criminals being able to attack companies either to disable computer systems or blackmail corporates into paying to call off attacks.

Security firm Prolexic Technologies found that in 2013, the use of Distributed Denial of Service (DDoS) attacks were on an upward trend as criminals evolved in the ability to target victims.

These attacks have the advantage over traditional malware attacks in that they don't require infiltration as the company's servers are simply overwhelmed by a barrage of data.

In SA during 2013, IOL, the online division of Independent Newspapers, was hit by an attack in retaliation for publishing an article deemed supportive of Zimbabwean president Robert Mugabe.


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