DDoS Attackers Return With Massive Extortion Campaigns in the Wake of Bitcoin Prices Surging
security

DDoS Attackers Return With Massive Extortion Campaigns in the Wake of Bitcoin Prices Surging

THELOGICALINDIAN - Threat actors accept been award opportunities in bitcoins bullish trend to access their extortion campaigns Hackers are actively aggressive companies with DDoS attacks unless they pay for bitcoin ransoms

Bull Run Prices Push Extortionists to Increase Bitcoin Ransom Demands

According to an active issued by aegis close Radware, there accept been several letters amid December 2020 and the aboriginal anniversary of January 2021 about DDoS extortionists. The close claims the attack is allotment of a all-around one that started in August aftermost year.

However, in the deathwatch of the crypto bull-run apparent over the aftermost months, the beachcomber of bribe belletrist had acutely increased, advancing from the aforementioned actors. Radware acclaimed that best of the companies didn’t address such incidents to the media in August and September 2024.

One of the aboriginal bitcoin bribe belletrist beatific by the hackers reads as follow:

At the time of the aboriginal accumulation of belletrist beatific by the blackmail actors, bitcoin was account about $10,000. However, the aegis close noticed in the latest annular of bribe belletrist that hackers are acquainted of the BTC prices surging:

DDoS Extortion Is an ‘Integral Part’ of the Cyber Threat Landscape

On the akin of affair this affectionate of threats should represent for the companies, Radware fabricated the afterward comment:

The crypto industry has additionally been afflicted anon by the cybercriminal apple in the aftermost few months. As news.Bitcoin.com reported on January 7, 2021, a aegis close spotted three awful crypto apps targeting users to abduct their funds.

What are your thoughts on the aegis active about DDoS threats? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons