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Tally of Cyber Extortion Attacks on Tech Companies Grows

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Re: Tally of Cyber Extortion Attacks on Tech Companies Grows

#2
I posted this because I found it of particular interest that the blackmailers ask for payment in Bitcoin.

It makes you think if Bitcoin is turning into a giant example of "be careful what you wish for".

We have exchange after exchange get hacked and legit Bitcoin users losing their money, and now Bitcoin enables extortion schemes that couldn't work so effortlessly before.

Where is this going?

Re: Tally of Cyber Extortion Attacks on Tech Companies Grows

#6

i dont get it...why not just switch your dns to cloudflare or a similiar service and run under their protection?

Right there in the article... Moz signed up with CloudFlare "but Mr. Skinner said the attacker has found new ways to attack their systems."

Does anyone know what that might be? There are quite a few people on HN who have zero sympathy for DDoS victims who don't pony up for Cloudflare etc., but I'm curious about situations when that isn't going to help or other attack vectors that will get you regardless.

Re: Tally of Cyber Extortion Attacks on Tech Companies Grows

#9
post #8

DDoS attacks like this wouldn't be so easy if governments actively fixed backdoors in hardware and software instead of creating and stockpiling them. Much harder to build a botnet if there are fewer vulnerable systems to recruit via exploits.

> DDoS attacks like this wouldn't be so easy if governments actively fixed backdoors in hardware and software instead of creating and stockpiling them.

The same thing keeping government from regulating the Internet is the same thing keeping government from simultaneously fixing every flaw in every router, switch, and TCP/IP stack.

Stockpiling has nothing to do with it by itself, as they are stockpiling individual numbers of bugs in an entire frothing sea of bugs. NSA didn't even know about Heartbleed, and that's one that could have enormously aided NSA in doing what they do.

Re: Tally of Cyber Extortion Attacks on Tech Companies Grows

#10
post #2

I posted this because I found it of particular interest that the blackmailers ask for payment in Bitcoin. It makes you think if Bitcoin is turning into a giant example of "be careful what you wish for". We have exchange after exchange get hacked and legit Bitcoin users losing their money, and now Bitcoin enables extortion schemes that couldn't work so effortlessly before. Where is this going?

Bitcoin — assuming it works — also becomes the perfect currency for kidnappers and blackmailers. Awesome, huh?
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