The cybersecurity business is exploding, and not just for the good guys. Distributed denial-of-service attack (DDoS) company Lizard Squad claimed responsibility for taking down the UK’s National Crime Agency website just last week.
Macquarie analyst Mike Cikos recently took a closer look at the business of DDoS-for-hire companies.
What Is A DDoS Attack?
The goal of a DDoS attack is to make a website unavailable for its intended users for a certain amount of time by utilizing thousands of unique IP addresses.
The two general forms of DDoS attacks are those that are intended to bog down services with traffic and those that are intended to crash the service altogether.
Booter Service
Booter service providers like Lizard Squad are…
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