Tag: attempts

13
Oct
2020
Posted in technology

Amazon is facing a ‘high-stakes shipping gauntlet’ just months after recovering from widespread delays, as it attempts to pull off its biggest Prime Day ever



a person riding on the back of a truck: Amazon is bracing for its biggest Prime Day ever. Sean Gallup/Getty Images


© Provided by Business Insider
Amazon is bracing for its biggest Prime Day ever. Sean Gallup/Getty Images

  • Amazon’s 48-hour Prime Day event started early Tuesday morning. 
  • Moody’s analyst Charlie O’Shea told Business Insider that Prime Day will serve as a litmus test to see if Amazon is able to keep up with its exponential growth.
  • The sales event will trigger a surge in orders that will weigh on Amazon’s delivery network, with Moody’s estimating that the company’s fourth-quarter shipping expenses could reach nearly $20 billion.
  • “They’re doing the best they can,” O’Shea said. “It’s almost like trying to plug a dam with your finger.”
  • Visit Business Insider’s homepage for more stories.

Amazon just kicked off what Moody’s says will likely be the biggest — and most challenging — Prime Day of all time. 

Loading...

Load Error

The e-commerce giant’s 48-hour Prime Day began early on Tuesday morning. The annual sales event is later than usual this year, with Amazon postponing Prime Day due to the coronavirus pandemic. But Amazon’s decision to delay the massive day of sales does not guarantee the company will be able to escape a tangle of logistical challenges and shipping delays — which could infuriate customers. 

“With the 48-hour window for Prime ‘Day’ imminent, and Amazon sure to face logistical challenges due to the inevitable surge in orders, the online leader is once again facing another high-stakes shipping gauntlet,” Moody’s analyst Charlie O’Shea wrote in a report on Monday. 

O’Shea told Business Insider in an interview that Prime Day is the lastest litmus test for Amazon’s exponential growth.

The competitive landscape “has never been tougher,” O’Shea said, as rivals like Walmart, Target, and Costco have thrived during the pandemic in part because of their ability to mix online sales with brick-and-mortar stores. Amazon, meanwhile, struggled with delays

12
Oct
2020
Posted in technology

Microsoft attempts takedown of global criminal botnet

Microsoft announced legal action Monday seeking to disrupt a major cybercrime digital network that uses more than 1 million zombie computers to loot bank accounts and spread ransomware, which experts consider a major threat to the U.S. presidential election.

The operation to knock offline command-and-control servers for a global botnet that uses an infrastructure known as Trickbot to infect computers with malware was initiated with a court order that Microsoft obtained in Virginia federal court on Oct. 6. Microsoft argued that the crime network is abusing its trademark.

“It is very hard to tell how effective it will be but we are confident it will have a very long-lasting effect,” said Jean-Ian Boutin, head of threat research at ESET, one of several cybersecurity firms that partnered with Microsoft to map the command-and-control servers. “We’re sure that they are going to notice and it will be hard for them to get back to the state that the botnet was in.”

Cybersecurity experts said that Microsoft’s use of a U.S. court order to persuade internet providers to take down the botnet servers is laudable. But they add that it’s not apt to be successful because too many won’t comply and because Trickbot’s operators have a decentralized fall-back system and employ encrypted routing.

Paul Vixie of Farsight Security said via email “experience tells me it won’t scale — there are too many IP’s behind uncooperative national borders.” And the cybersecurity firm Intel 471 reported no significant hit on Trickbot operations Monday and predicted ”little medium- to long-term impact” in a report shared with The Associated Press.

But ransomware expert Brett Callow of the cybersecurity firm Emsisoft said that a temporary Trickbot disruption could, at least during the election, limit attacks and prevent the activation of ransomware on systems already infected.

The announcement follows