A large-scale cyberattack recently disrupted the operations of eBay, reportedly costing the company an estimated $200 million per day in lost transactions. The incident highlights the growing threat posed by Distributed Denial of Service (DDoS) attacks, a common yet highly disruptive form of cybercrime.
A DDoS attack is designed to overwhelm a website or online service by flooding it with massive amounts of fake traffic. Instead of legitimate users accessing the platform, servers become overloaded with malicious requests, causing slowdowns or complete outages. As a result, genuine customers are unable to use the service, leading to significant financial and reputational damage for businesses that rely heavily on uninterrupted online operations.
In this particular case, eBay experienced a prolonged outage that lasted between 42 and 48 hours, depending on the source. During this time, users around the world reported difficulties accessing the platform, with many unable to browse listings, make purchases, or complete transactions. Given the scale of the company’s daily operations, even a short disruption can translate into massive losses, and a multi-day outage compounds the impact dramatically.
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