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Tech companies Google (GOOG, GOOGL), Amazon (AMZN), Cloudflare (NET) have come forward and admitted to being the targets of denial-of-service (DoS) cyberattacks. SentinelOne Advisor Morgan Wright joins Yahoo Finance Live to detail the phishing tactics modern hackers are adapting in these cyberattacks targeting bigger and bigger companies' platforms and servers.

"What is clear is that whoever figured this out, this may become part of a tool kit that's used later as they build out bigger malware packages and bigger types of attack platforms," Wright asserts. "This could be part and this was a proof of concept."

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

This post was written by Luke Carberry Mogan.