E-Tailer Offers $23,000 to Catch DDoS Attackers Demanding Bitcoin
A UK e-tailer is offering a $23,181 (£15,000) bounty to catch those who launched a DDoS attack against the firm's site before demanding a bitcoin ransom. Aria Taheri, the owner and managing director of Aria Technology told CRN his company's website was compromised on Monday afternoon and hackers requested payment of 16.66 bitcoins (approximately $4,433.89). The company also took to Twitter to advertise its bounty offer: Speaking to CRN, Taheri added that he would not pay the bitcoin ransom as doing so would encourage mimic attacks and further blackmailing efforts, adding: “The message to....
Related News
At the very least, a trio of UK-based electronic retail websites have been inundated with DDoS attacks by hackers holding the websites to ransom in exchange for Bitcoin. The websites have suffered temporary outage and have since put up a bounty to round up on the bitcoin-seeking attackers. Electronic retailers Aria Technology, Novatech and Scan Computers have all been targeted by hackers, resulting in the temporary disruption of services on their websites. Aria, in particular, announced that while the temporary outages were caused by persons unknown, the means used to cause the disruption....
Yesterday, there were several reports of Hashnest and Bitmain services having abnormal intermittent outages. It so happens that earlier in the morning, an unidentified group of hackers sent the company a threatening email demanding a great deal of money to avoid a series of severe DDOS attacks. Of course, that several customers started complaining about not being able to access the mining pool and their profile accounts. Soon after this the company informed their customers through email what was happening: "This morning we received a concerning email from a group of hackers threatening....
BTCC, the Shanghai, China-based digital currency exchange, suffered a distributed denial of service (DDoS) attack, the company noted on Dec. 31, 2015, on Twitter. The attack hampered BTCC’s access to its APIs and other services for a period of time. It marks the most recent in a growing number of DDoS attacks demanding bitcoin ransoms, including one in November against CCN. “Our website is under DDoS attack, which is hampering access to our APIs and other services,” BTCC tweeted on Dec. 31. “We are working quickly to resolve the situation.” In referencing a previous DDoS attack faced by....
OKCoin's defense system was put the test on July 10 when a distributed denial of service (DDOS) attack prevented some users from accessing its platform from 17:00 to 17:19. Xin Chen, chief financial architect at OKCoin, told CCN the attackers wanted to influence the bitcoin price, which they succeeded in doing for the short term. "There is an impact on the short-term price of bitcoin from the attacks," Xin Chen said. "The attacks were simultaneously carried on OKCoin, Huobi, Bitfinex and perhaps others. It costs resources to carry out a DDOS attack and it is likely in our estimation that....
A cyber criminal claiming to be from Armada Collective has sent a ransom email asking website owners to either send him 1 BTC in ransom or face high-speed DDoS attack tomorrow... Armada Collective, a mysterious group of cybercriminals seem to be back again! The group known to disrupt websites by launching Distributed Denial of Service (DDoS) attacks may have sent emails demanding Bitcoin ransom from website owners. According to reports, many internet users have received an email demanding a ransom of 1 BTC. The sender, claiming to be from Armada Collective has threatened to launch a 10-300....