Again, even if they pay, in a high profile case like this it's going to be hard to find places to spend those Bitcoins because of their traceability.
I'd take them.
Topic: DDOS for ransom - page 3. (Read 4823 times)
I'd take them.
Again, even if they pay, in a high profile case like this it's going to be hard to find places to spend those Bitcoins because of their traceability.
I'd take them.
I actually think that DDOS attacks on Bitcoin financial and mining sites will continously escalate as Bitcoin itself grows. I suggest that countermeasures be developed (for law enforcement use, of course) to track down attackers. Also, Bitcoin sites will need to develop new hardening and stealth (decentralization) technologies to defend against attack.
May be speculation, because of recent hacker attacks too much, and too regularly, you feel it
This is nothing new, pool operators receive these type of threats all the time. Nobody pays, and the ddos waves hit the shore.
It doesn't seem like it would work.
You pay and they continue... then what?
You pay and they continue... then what?
indeed, thats what I'd expect to happen.
Then, after some time, the victim happens to encounter a friendly and helpful person with lots of connections
into "the scene", which points out (s)he can figure out who is behind those attacks and maybe help the victim
stopping them discretely for a way smaller "fee"....
Maybe it goes on even more subtle, along the lines that the victim just ends up doing "business" with the "angle",
you know, that kind of business which is more profitable for the "angle" and more risky for the victim. Surprisingly,
since the victim engaged into that business, those attacks will cease....
And the fun fact is: suddenly all those state-haters and freedom lovers start yelling for law enforcement
If I am going to DDos you I am not going to do it from my own house. The attack is also going to come from many sources too, hence the second D in DDOS.
With as many stupid people out there with unsecured systems, it's way too easy to set up an army of zombies to do ones bidding, it would be very hard at very best to track an individual like this down unless they were stupid enough to brag about doing the attack.
Aaron
With as many stupid people out there with unsecured systems, it's way too easy to set up an army of zombies to do ones bidding, it would be very hard at very best to track an individual like this down unless they were stupid enough to brag about doing the attack.
Aaron
This is sadly already common in the poker world, HYIP forums, etc. It was only a matter of time 
I think somebody has already tried DDoS+ransom on MtGox, a while ago, IIUC.
I think somebody has already tried DDoS+ransom on MtGox, a while ago, IIUC.
They should offer a 200btc reward on the attackers heads 
Again, even if they pay, in a high profile case like this it's going to be hard to find places to spend those Bitcoins because of their traceability.
Why pay the ransom at all? Why not offer an anonymous bounty to have someone pay a friendly visit to the attacker's home? That would make the attacks stop permanently. I'm not saying that they should, but the attacker needs to think about the repercussions of their actions.
It doesn't seem like it would work.
You pay and they continue... then what?
If the DDoSer linked themselves to a psudo-identity they could build a rep for not doing that.
But it's still ridiculously unstable because once you pay you are a better target. Oh, n/m about the psudo-identity, they can just pretend to be someone new DDoSing you.
Odd to me that they would try for such a high amount in this case. Without knowing much about WalletBit it makes me wonder if the ransom is just weak cover for someone doing it out of spite.
You pay and they continue... then what?
If the DDoSer linked themselves to a psudo-identity they could build a rep for not doing that.
But it's still ridiculously unstable because once you pay you are a better target. Oh, n/m about the psudo-identity, they can just pretend to be someone new DDoSing you.
Odd to me that they would try for such a high amount in this case. Without knowing much about WalletBit it makes me wonder if the ransom is just weak cover for someone doing it out of spite.
Perhaps this is where vigilantism will respond. I wonder what some individual might do to a known DDOS attacker for 1K BTC if it was anonymously offered? This will be interesting to see how it unfolds.
http://bitcoinmagazine.net/walletbit-under-ddos-1000btc-demanded/
DDOS extortion for a Bitcoin ransom could be the next big crime wave. I am sure that DDOS attacks are illegal to begin with, they take on a new dimension with extortion for a significant amount of money. Depending on whether or not Bitcoin is considered money, this could mean that law-enforcement agencies may be looking at a new threat vector with cyber-crime.
No longer are DDOS attacks done out of politically driven protest, they are now in the business of racketeering.
DDOS extortion for a Bitcoin ransom could be the next big crime wave. I am sure that DDOS attacks are illegal to begin with, they take on a new dimension with extortion for a significant amount of money. Depending on whether or not Bitcoin is considered money, this could mean that law-enforcement agencies may be looking at a new threat vector with cyber-crime.
No longer are DDOS attacks done out of politically driven protest, they are now in the business of racketeering.
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