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

UPDATED: European Commission Unveils AV App, Addresses Hacks

The European Commission’s age verification app is now technically ready and will soon be available for EU citizens to use in order to prove their age when accessing online platforms, European Commission President Ursula von der Leyen announced Tuesday.

Syren De Mer, Eddie Patrick Cap AEBN's Top Stars for 1st Quarter of 2026

AEBN has revealed its most popular performers in straight and gay theaters for the first quarter of 2026.

Report: Irish Regulator Seeks 'Industry Input' on AV Compliance

Irish media regulator Coimisiún na Meán (CnaM) will draw on “industry input” to help establish a framework for assessing platforms’ compliance with Ireland’s Online Safety Code and the EU’s Digital Services Act, news organization MLex reports.

'iDealgasmPlus' Launches Through PAYSITE

iDealgasmPlus.com has officially launched through PAYSITE.

Canadian Senate Approves National Age Verification Bill

Canada’s Senate on Wednesday passed bill S-209, the “Protecting Young Persons from Exposure to Pornography Act,” which would require commercial adult websites to verify that Canadian users are at least 18 years old.

Sara Jay Relaunches Site Through PAYSITE

Sara Jay has relaunched her membership site, WydeSyde, through PAYSITE.

UK House of Commons Moves to Tone Down Porn Amendments

The House of Commons has modified amendments to the U.K.’s pending Crime and Policing Bill, including provisions regulating “step” content, content featuring adults role-playing as minors, and performers’ ability to withdraw consent.

AEBN Reveals Ariel Demure as Top Trans Star for Q1 of 2026

AEBN has named its top trans stars for the first quarter of 2026, with Ariel Demure landing atop the leaderboard.

Final IRS 'No Tax on Tips' Rule Excludes Pornography

The Internal Revenue Service on Monday published final regulations on the “No Tax on Tips” provision included in the “One Big Beautiful Bill Act,” offering new tax deductions for tip workers but excluding revenue received for “pornographic activity.”

Pennsylvania Legislature Weighs 'Porn Tax' Bill

The Pennsylvania State Senate is considering a bill that would impose a 10% tax on the revenue of adult websites doing business in that state.

Show More