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How a Bookmaker and a Whiz Kid Took On a DDOS-based Online Extortion Attack

BetCris.com is one of hundreds of sites in Costa Rica that take bets from Americans without U.S. bookmaking laws. One in 10 companies has been threatened with online extortion, security experts say. CSOs and CISOs should be aware of the nature of online extortion. Experts: As many as three out of 100 cases of such extortion cases are never reported, maybe a third or more targeted companies pay extortion fees, drawing the money from disaster funds or insurance budgets. The extortionists demanded a $40K protection fee in eGold (an online form of trading bullion)”]

Source: https://www.csoonline.com/article/2118109/how-a-bookmaker-and-a-whiz-kid-took-on-a-ddos-based-online-extortion-attack.html

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