Gangs Extort Companies With DDoS Attacks

Posted by timothy on Wednesday November 12, 2003 @07:26AM from the crisis-of-the-week dept.

Pcol writes "The Financial Times reports that gangs based in Eastern Europe have been launching attacks on corporate networks costing the companies millions of dollars in lost business and exposing them to blackmail. Sites have been asked to pay up to ensure they are free from Distributed Denial of Service attacks for a year. One detective reported, 'If the demand comes in for $40,000-50,000, compared to the losses they're suffering, there's an attraction for the companies to pay and hope it goes away. But there's nothing to say it will go away.'"

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Awesome ... by obsidianpreacher · 2003-11-12 07:33 · Score: 1, Offtopic

How awesome is it that I see a story I submitted posted on /. ... by someone else ...
2003-11-12 18:40:27 Hackers Blackmail & Extort Corporations (articles,security) (rejected)
I asked a question in my submission that I think would be really interesting to debate -- is this the first wave of the "only outlaws will have hacks" ideology that is being formed by constant C&D/DMCA/etc. ...?

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