Feeds

Auction Web site offers $25,000 hacker bounty

News or publicity stunt? You make the call

  • alert
  • submit to reddit

5 things you didn’t know about cloud backup

On-line auction outfit Bidbay is offering a $25,000 bounty for information leading to the conviction of malicious intruders who shut down their operation intermittently for two days starting 7 September, rendering service unavailable to users.

The hacking underground is sure to resent the idea of offering financial incentives to rat on one's buds, but the company is unapologetic. "Our CEO feels that if you start talking to people's pocket books, you're more likely to get a response," Bidbay spokesman Tim Allison told The Register. "He takes it kind of personally when people mess with our site," Allison added.

The company believes it was not the ultimate target in the attack, but rather that the intruders broke in to commandeer Bidbay's gear for attacks on other targets. An aggressive port-scan is what rendered the service unavailable, gobbling up "over ninety megs of bandwidth on one server alone," a member of the engineering crew told us.

The company traced the attack back to a porno site, which it declined to name, which also came under attack; but the use of numerous intermediate machines made it impossible to pinpoint the true origin.

As the trail went cold, Bidbay bit the bullet, passed the hack logs on to the FBI, backed up their data, re-formatted and started fresh.

Perhaps this explains why there is such a modest amount of merchandise offered on the site, and why there should be so little bidding activity. With a few exceptions, categories advertised with fifty items often have one or none, and ones claiming over a hunderd often have ten or twenty. This could be a problem related to the hack, of course.

Another explanation could be that the hacking bounty is a bid for publicity in the guise of news. We don't know, but it wouldn't be the first time such a thing has happened.

Bounty hunters may e-mail Bidbay CEO George Tannous or ring 1-877-424-3229. The company says that all information offered will remain confidential. ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.