Tag: extortion

U.S. Authorities Arrest Longtime DDoS Extortionist

Distributed Denial of Service (DDoS) attacks have become the new norm among cybercriminals lately. Many people have looked to these attacks to punish any online service they don’t like or wish to extort. One person responsible for a fair amount of those attacks was arrested in the U.S. late last week. He had also made several death and bomb threats against his targets. Kamyar Jahanrakhshan is no stranger to the U.S. criminal justice system …
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International Task Force Takes Down Bitcoin DDoS Extortion Group DD4BC

A international task force of law enforcement agencies with the assistance of Europol’s European Cybercrime Centre and the Joint Cybercrime Action Taskforce, executed arrest warrants against key members of DD4BC, one of the most notorious DDoS Bitcoin extortion gangs in the world. Operation Pleiades, which was executed on December 15 and 16, resulted in several properties being searched in Bosnia and Herzegovina and the arrest of two suspects. “Multiple property …
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Bitcoin Businesses Targeted in Wave of DDoS Extortion Attacks

A blistering wave of DDoS attacks has been sweeping across digital currency space in November. Kraken, a bitcoin exchange based in San Francisco, was under heavy DDoS attack yesterday, which rendered the exchange inaccessible for a short duration. An extortion letter was also sent to the exchange, demanding an undisclosed bitcoin ransom payment. Staff at Kraken have refused to comply with the demands. The site is under DDoS at the …
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