Feeds

DDoS protection racket targets online bookies

Extortionate demands

  • alert
  • submit to reddit

High performance access to file storage

Organised criminals are using distributed denial of service (DDoS) attacks to force online bookmakers into protection rackets, a British security consultancy claims.

Information Risk Management says it is aware of DDoS extortion attempts against three, unnamed, online bookies. According to Neil Barrett, technical director, this is the "online equivalent of heavies coming around to a shop and making veiled threats about how easy stock could burn before demanding 'insurance' money".

Victims are subjected first to a network-based denial of service attack, which can render their site unavailable for a time. When this eases, they are approached by an "Internet security consultancy" which promises that attacks can be stopped, in return for a monthly payment.

Requests for payment from the criminals involved appeared to go through Russia, though the provenance of the gang, or gangs, is uncertain. Firms who experience such extortion threats should contact the police, Barrett advises.

The DDoS protection scam is another example of criminals re-inventing favourite scams for the Internet.

In March the FBI warned that Eastern European crackers had spent a year systematically exploiting known NT vulnerabilities to raid online banking and ecommerce systems.

More than 40 companies were subject to attacks and more than a million credit cards were thought to have been stolen, provoking the FBI to take the highly unusual step of providing details of an ongoing investigation in the hopes of limiting further damage. ®

Related stories

Russian Mafia uses NT flaws to raid Internet banks
Police urge business to report hi-tech crimes
European police ill-equipped to tackle cybercrime
IIS über-patch claims to wipe out all old Web server flaws
Amazon, despite denials, was warned about hack
Hackers, Windows NT and the FBI

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.