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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hmmmm by H8X55 · 2003-11-12 07:30 · Score: 0, Redundant

slashdot does this everyday, for free. accidentally, even.
Re:A new financing model... by Anonymous Coward · 2003-11-12 07:32 · Score: 0, Redundant

That's what I was thinking. /. could make money by not writing articles.
DDoS extortion for cheapskates... by Anonymous Coward · 2003-11-12 08:02 · Score: 0, Redundant

"Pay me $40.000 by Monday or I'll get your site posted on Slashdot!"