Another Financial Services Website Under Attack
Another Australian website has been taken offline in the latest cyber attack targeting financial services firms.
Moneymangement.com.au, a business-to-business publication for the financial services industry owned by Reed Business Information, sent its subscribers an email on Monday advising it had "been the subject of a distributed denial-of-service attack (DDOS) which overwhelmed its servers, effectively taking it offline."
DDOS attacks make online services unavailable by flooding them with millions of requests for page views at once. They are used to cause business disruption to the targeted site, either by protest - known as hacktvism - or financial gain.