Bitcoin Extortion Group DD4BC Prompts Warning from Swiss Government
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....
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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....
The European Union’s top law enforcement agency has announced a new crackdown on distributed denial-of-service (DDoS) attack group DD4BC. Europol said today that one individual had been arrested and another detained as part of an effort called Operation Pleiades. The group, which demands bitcoin payments after threatening DDoS attacks, has been known to target a wide range of Web-based services focused on bitcoin, including mining pools. Authorities in Bosnia and Hezegovina, Germany, France, Japan, Romania, Switzerland, the UK and the US either supported or directly contributed to the....
In less than a month since its launch, government agencies and law enforcement arrested two individuals who are suspected to the leaders of the cyber-criminal group. According to the official statement released by EUROPOL, the suspects were arrested in Austria, by the local police. Government and law enforcement agencies in Austria, Bosnia and Herzegovinia, Germany and the United Kingdom in collaboration with Netherlands-based intelligence and information agency Europol has launched an official investigation targeted at the cyber-criminal group DD4BC. Since early 2015, DD4BC, a group of....
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....