"DDoS-For-Bitcoin" Blackmailers Arrested (softpedia.com)

An anonymous reader writes: The DDoSing outfit that spawned the trend of "DDoS-for-Bitcoin" has been arrested by Europol in Bosnia Herzegovina last month. DD4BC first appeared in September 2015, when Akamai blew the lid on their activities. Since then almost any script kiddie that can launch DDoS attacks has followed their business model by blackmailing companies for Bitcoin.

Comments

Criminals running out of fresh ideas?

[Anonymous Coward]

From TFA:

... The organization's tactics spawned multiple copycat groups, which later spawned their own copycats, and the DDoS-4-Bitcoin extortion scheme has become a regular practice these days ...

It is a sad world when even the criminals are running out of fresh ideas

Re:Criminals running out of fresh ideas?

[gweihir]

As long as the old ones are working well because security costs money and hence universally sucks...

Do not forget that DDoS is only possible because so many people run poorly secured computers. If it were expensive to hack computers, DDoS-based extortion would not pay off. These people are like the flea that settle in when hygiene is poor. They are a symptom, not the real problem.