The attack ended

The DDos attack against Nordea ended late last night. DDoS is a type of attack that is very difficult to protect against, but simply explained, the goal of such an attack is generally to overload a website or a server, making the website temporarily unavailable to legitimate users. Using a botnet, consisting of up to millions of devices, the attacker can create a large number of calls to a computer system. The calls are made simultaneously, causing the service or system being attacked to overload and lock up. Actually, a DDos attack is not a serious threat, because the systems inside are never threatened. I suspect that since Nordea had to publicly confirm the attack yesterday and admit that they failed to ward it off, it ended.

My own little conspiracy theory that Nordea in particular has been exposed to these DDos attacks may be that Nordea, which previously had its headquarters in Sweden and then moved it to Finland, is the respective countries' relatively new NATO membership.

Regardless of my wild guess, late last night we acquired a small number of shares of Blackstone Secured Lending Fund Common Shares of Beneficial Interest (BXSL). Despite the fact that the Swedish krona lost 0.57% against the US dollar and we thereby forfeited some purchasing power compared to the opening value, we chose to carry out the acquisition.

With the upcoming US election, I think we will hold off on acquisitions for the next few days and see how the US dollar plays out. Another factor influencing our most likely forgoing acquisitions in the near future is the ongoing confrontations in in the Middle East and West Asia.

AI generated image with Grok