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Members of DDoS Bitcoin Extortion Gang Arrested - Key members of a suspected cyber criminal gang specialising in distributed denial of service (DDoS) extortion have been arrested following a joint operation by police forces across Europe. Law enforcement agencies from the UK, Austria, Bosnia and Herzegovina, and Germany were all involved in the operation, dubbed Operation Pleiades, against cyber-crime group DD4BC (Distributed Denial of Service for Bitcoin).
"Law enforcement and its partners have to act now to ensure that the cyberspace affecting nearly every part of our daily life is secure against new threats posed by malicious groups," said Wil van Gemert, Europol's deputy director of operations. He warned that companies that don't report DDoS attacks, especially where demands are involved, are putting others at risk of similar cyber crime activity.
"These groups employ aggressive measures to silence the victims with the threat of public exposure and reputation damage. Without enhanced reporting mechanisms, law enforcement is missing vital means to protect companies and users from recurring cyber-attacks," he said.
"Police actions such as Operation Pleiades highlight the importance of incident reporting and information sharing between law enforcement agencies and the targets of DDoS and extortion attacks," van Gemert added.
- Compiled by Aaron Goldstein, Gambling911.com
