IT Observer - Extortion via DDoS on the rise

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Extortion via DDoS on the rise
Tuesday, 17 May 2005, 20:45 GMT

Criminals are increasingly targeting corporations with distributed denial-of-service (DDoS) attacks designed not to disrupt business networks but to be used as tools to extort thousands of dollars from the companies.

Those targeted are increasingly deciding to pay the extortionists rather than accept the consequences, experts say. While reports of this type of crime have circulated for several years, most victimized companies remain reluctant to acknowledge the attacks or enlist the help of law enforcement, resulting in limited awareness of the problem and few prosecutions.

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