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 © 2026 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

Segpay Partners With Corey Silverstein for Legal Services

Segpay has partnered with adult industry attorney Corey D. Silverstein for specialized legal compliance and policy support for its merchant network.

AEBN Reveals Kasey Kei as Top Trans Star for Q2 of 2026

AEBN has named its top trans stars for the second quarter of 2026, with Kasey Kei landing atop the leaderboard.

Missouri Governor Signs Bill Making AV Regulations State Law

Missouri Governor Mike Kehoe signed a bill into law on Thursday requiring adult websites to age-verify users in the state, finalizing a legislative “stamp of approval” for AV rules after Missouri’s attorney general unilaterally imposed similar regulations last year.

Utherverse Launches 'Adult Game Fest' Virtual Convention

Virtual reality and metaverse technology company Utherverse is launching its inaugural Adult Game Fest convention and trade show, taking place Sept. 24-26.

Ofcom Fines Fapello $845,000 for AV Noncompliance

U.K. media regulator Ofcom on Thursday imposed a fine of 630,000 pounds (about $845,000) against adult website fapello.com for failing to comply with provisions of the Online Safety Act.

KiwiSourcing Joins Pineapple Support as Sponsor

Outsourcing and consulting firm KiwiSourcing has joined the ranks of over 70 adult businesses and organizations committing funds and resources to Pineapple Support.

AdultHTML Introduces AI-First Development Services

AdultHTML has introduced an AI-first development service, giving clients access to experienced software developers who use AI to streamline software development.

Texas Court Orders Adult Site Domain Locked for AV Violations

A district court in Texas has issued a writ requiring domain registry Verisign to “lock” an adult website’s domain over noncompliance with the state’s age verification law.

Adult Web Hosting Service 'QloudHost' Launches

QloudHost, a new web hosting service for adult websites, has launched.

Peter Hooke Launches New Paysite

Peter Hooke has launched an official website through PAYSITE.

Show More