Hackers extorting money out of tech startups in exchange for protection from DDoS attacks

By Himanshu Arora ยท 6 replies
Apr 7, 2014
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  1. Cyber criminals have recently targeted several small technology startups with an aim to extort money. According to a New York Times report, startups like Meetup, Vimeo, Basecamp, Bit.ly, Shutterstock, and more, have already been hit by such attacks.

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  2. MilwaukeeMike

    MilwaukeeMike TS Evangelist Posts: 2,890   +1,224

    Of course they were told to pay in Bitcoins. No way for the authorities to track them down for extortion then. I have a feeling this will be one of many stories to come about Bitcoins being the new cyber mafia's currency of choice.
     
    wastedkill likes this.
  3. GhostRyder

    GhostRyder This guy again... Posts: 2,198   +593

    Been waiting to make a joke like this for awhile

    Hello, we're the robot Mafia:
    [​IMG]


    But in all seriousness, I remember when DDOS was something extreme, now its become a child's play thing in which kids threaten to DDOS one another for beating them in a video game. The fact that people are now offering protection services like this is just getting plain old stupid.
     
    Last edited: Apr 7, 2014
    theBest11778 likes this.
  4. Neojt

    Neojt TS Addict Posts: 223   +56

    And where back with bullies asking for your lunch monney!
     
  5. theBest11778

    theBest11778 TS Addict Posts: 296   +125

    Hahaha, exactly what I was thinking.
     
  6. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 9,726   +3,700

    Well if people are willing to pay, why blame the salesman for making what could be a false claim?
     
  7. Gamesinner

    Gamesinner TS Rookie Posts: 86

    The method is new but the game is the same.
     

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