Cyber Attacks Rise in Number, Severity

WASHINGTON — The Congressional Research Service estimates the economic impact of cyber attacks on businesses has grown to more than $226 billion annually.

Despite the significant impact, there is no clear framework for adult webmasters to figure their liability should such an attack occur on their sites. In fact, many don't have plans for addressing their cyber risks.

The rate of incidents, or specifically targeted attacks on computer systems has risen steadily. And the Internet Security Alliance has been keeping track of the steadily growing numbers.

In 1988, six such attacks were reported. By 1998, they numbered 3,000. 2002 saw more than 110,000 cyber attacks.

These numbers are alarming, but vastly underreported. "People don't like reporting that they're vulnerable," said Larry Clinton, president of the Internet Security Alliance.

Most viruses reported in the mainstream are isolated incidents. Most were benign exercises in "hacktivism" such as defacing the Republican National Committee's web page or a rival's network.

"Now they are different, the majority being done for money," Clinton adds. "Some recent attacks are worrisome such as a recent attack that disabled nine out of 11 root servers."

"The attackers are no longer high school kids, they are organized criminals or worse. Nation states or terrorists or other seriously bad people who are doing this for a tremendous range of reasons."

Although the number of attacks approaches larger proportions, the number of attacks being reported has significantly dropped since "the mode purpose of the attack has changed dramatically," Clinton said. "The insidious stuff is designer malware. It's designed specifically to enter and sit there dormant. It may access your personal finances or corporate intellectual property or the operating system for the company — without your knowledge."

In order to get a better defense against such attacks, The American National Standards Institute (ANSI) and the Internet Security Alliance (ISA) will publish "The Financial Impact of Cyber Risk: 50 Questions Every CFO Should Ask" which will be released on Monday.

More information, including the financial impact study, can be obtained from the Internet Security Alliance and the American National Standards Alliance.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

German Court Upholds Ban on PornHub, YouPorn

Germany’s Berlin Administrative Court has upheld a “network ban” on adult sites Pornhub and YouPorn for failing to comply with that country’s age verification regulations.

OurDream.ai Debuts New Porn Generator

OurDream.ai, an AI porn-generating platform, has launched an upgraded version of its AI engine.

AEBN Publishes Popular Searches by Country for February, March

AEBN has released the list of popular searches from its straight and gay theaters by country in February and March.

BranditScan Launches 'Referral Rush' Promo

BranditScan has launched its Referral Rush promotion for creators.

2025 AltStar Awards Nominees Announced

Nominations have been announced for the 2025 AltStar Awards, aka the AltPorn Awards, presented by Bad Dragon.

AI Erotic Storytelling Platform 'AIEroticSmut' Launches

AIEroticSmut.com, a DIY erotic storytelling platform, has officially launched.

TeamSkeet, MYLF to Launch New Website FamilyStrokes.com

Sister studios TeamSkeet and MYLF are launching a new website, FamilyStrokes.com.

AV Bulletin: Age Verification Hits the Mainstream, Ofcom Sets a Date

Industry stakeholders and free speech advocates have anxiously been awaiting the Supreme Court’s decision in Free Speech Coalition v. Paxton, which could significantly impact state age verification laws around the country. In the meantime, state legislatures continue to weigh and pass AV bills, AV tech providers continue to tout their services, and legal challenges continue to play out in the courts — with some cases on hold pending the SCOTUS ruling in Paxton.

Segpay Names Kristi Greer VP of Sales

Segpay has promoted long-time employee Kristi Greer to the position of vice president of sales.

BranditScan Names Subgirl Newest Brand Ambassador

BranditScan has named content creator Subgirl its newest brand ambassador.

Show More