Bitcoin Extortionists DD4BC Targeting Scandinavian Companies
It is no secret that Bitcoin has become a favorite payment method for hoodlums and malicious individuals. Just a few weeks ago, a lot of companies around the world facing threats of ransomware, which would only decrypt files after the infected entity made a Bitcoin payment. And now DD4BC, a notorious group of extortionists, are targeting Scandinavian companies with complex Direct Denial of Service attacks. If you are a Scandinavian company using a centralized service for any of your business needs, you may be faced with a threat from DD4BC in the very near future. This group of hackers and....
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Gone are the days when one needed to go through blood and sweat for robbing someone off-guard; these days, a simple DDoS attack can do it. Bonny and Clyde, sorry for your loss! Reports are emerging of an online extortionist group DD4BC, which is threatening to launch online attacks against some mid-to-large Scandinavian companies. The notorious pack of larcenists reportedly email their targets and ask them a 40 Bitcoin ransom to avoid serious consequences - a 1-hour DDoS attack is the best we heard. An excerpt from their letter as follows: "Right now we are running a small demonstrative....
The extortion group known as DD4BC has stepped up the number of attacks this year and is now targeting the financial services industry, according to a new report. Akamai Technologies, a content delivery network and cloud services provider which produced the report, has identified 114 attacks carried out by DD4BC since April 2015. Stuart Scholly, senior vice president and general manager at Akamai's security division, said in a statement: "DD4BC has been using the threat of DDoS attacks to secure bitcoin payments from its victims for protection against future attacks ... The latest attacks....
Cybercriminal group DD4BC, which stands for "DDoS for Bitcoin" (Distributed Denial of Service for Bitcoin) has been targeting financial institutions since the year 2014, demanding extortion in Bitcoin. The fugitive group threatens the financial institutions that if they fail to cough up a desired number of Bitcoin then they will take down their websites. The modus operandi of taking down a website is simple. DD4BC targets a website with traffic so heavy that the web server comes crashing down and the site goes offline. As per information analytics company Neustar, the cost of such a....
A bitcoin hacking group calling itself "DD4BC" which stands for "distributed denial of service for bitcoin" is allegedly targeting Australian banks like Macquarie and Westpac. These reported extortion campaigns have reportedly been running since May this year, prompting authorities to initiate a new cybersecurity outfit called the Australian Cybersecurity Center (ACSC). This follows news that Australian banks have discontinued transactions to several bitcoin companies by terminating their bank accounts, spurring speculations that the announcements may have something to do with the bitcoin....
Extortionist group DD4BC appears to be connected to a new wave of distributed denial of service (DDoS) attacks against organizations in Switzerland, New Zealand and Australia. With the new attacks, the group is seeking 25 BTC from affected parties in exchange for relinquishing the flood of inbound data is issues that renders recipient websites inaccessible. Most recently, DD4BC was named in an 8th May warning published by the Swiss Governmental Computer Emergency Response Team (GovCERT), a division of MELANI, a national agency focused on cybersecurity issues. The warning read: "In the past....