CEO Indicted for DDOSing Competitors

ruland writes "It turns out there was a reason the hosting company CIT/Foonet was raided in February. SecurityFocus.com reports that the CEO of a web-based satellite T.V. retailer has been indicted for allegedly paying Foonet's administrator to arrange denial of service attacks against his competitors, causing outages as long as two weeks at a time, and $2 million in losses. Now he's skipped out on $750,000 bail, while the five packet monkeys who worked for him are left facing felony charges of their own."