Online extortion works

Tuesday, 14 December 2004, 6:10 AM EST

How bad is online extortion getting? Alan Paller, a speaker at a London SANS Institute conference, claims that, "Six or seven thousand organizations are paying online extortion demands ... Every online gambling site is paying extortion. Hackers use DDoS (distributed denial-of-service) attacks, using botnets to do it. Then they say, 'Pay us $40,000, or we'll do it again.'"

By Scott Granneman at SecurityFocus.

[ Read more ]




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