ZDNet UK


Skip to Main Content

ZDNet.co.uk - Winner of Best Business Website 2007
  1. Home
  2. News
  3. Blogs
  4. Reviews
  5. Prices
  6. Resources
  7. Community
  8. My ZDNet

 

ZDNet UK RSS Feeds


IT Jobs

Security threats Toolkit

Web bookmakers tool up against blackmail hack attacks

Graeme Wearden ZDNet.co.uk

Published: 23 Feb 2004 15:35 GMT

  • Email
  • Trackback
  • Clip Link
  • Print friendly
  • Post Comment

Internet-based bookmakers are tightening up their IT security in response to the threat of hackers who are threatening to attack their Web operations.

Criminals gangs are understood to be demanding large sums of money from bookmakers, and warning those that don't pay up that their Internet sites will be taken offline through a distributed denial-of-service (DDoS) attack.

E-enabled businesses have been facing such threats for some time, but reports this week claim that British Internet bookmakers are coming under renewed pressure ahead of major sporting events, including the Grand National.

This comes just weeks after organised crime gangs were said to be threatening Internet betting sites ahead of American football's Super Bowl.

Betfair, an online betting exchange, acknowledged on Monday that the risk of malicious hackers attempting to extort money from Web-based businesses is genuine.

"We're fully aware of the issue facing our industry, and we're already taking every measure necessary to protect our business," a Betfair spokesman told ZDNet UK, adding that he wasn't aware if Betfair had received any specific blackmail threats in this way.

Betfair is reluctant to discuss the steps it has taken to bolster its IT security, but did say that protection from DDoS attacks is a top priority.

DDoS attacks are used maliciously to force Web servers offline by flooding them with data traffic.

Analysts estimate that the online betting market is worth over £3bn per year. For a company such as Betfair, several hours of downtime would be extremely expensive -- especially if it coincided with an event such as the Grand National, which attracts more than £100m in bets.

Britain's National High-Tech Crime Unit (NHTCU) revealed last month that it is investigating a series of attacks and threats of attacks on companies in the United Kingdom. It said these had been made by organised criminals, rather than amateur hackers.

A source at the NHTCU pointed out on Monday that while bookmakers might be under the spotlight now, Web-based extortion is a generic high-tech crime that has been a problem for some time.

Earlier this month, an Australian Web hosting firm saw its network brought down by a DDoS attack, while Microsoft and the Recording Industry Association of America are under threat from a variation of the MyDoom worm that aims to bombard their networks with masses of data.

  • Email
  • Trackback
  • Clip Link
  • Print friendly Print with Dell

Did you find this article useful?
204 out of 292 people found this useful


Full Talkback thread

1 comment

  1. Sites concerned about page flood attacks, or just... Chris Peacock

Company/Topic Alerts

Create a new alert from the list below:








Related Jobs

Customer Facing Software Architect Designer

Huxley Associates has a new requirement for a Customer Facing Software Architect / Designer for my client in Dorset. You must have proven experience ...

.Net Web Applications Developer, ASP.Net, C#, VB.Net, SQL in Bristol

You role will be part of a team of 6 looking after 7 web based client facing applications. The client is one of the UK's major insurance names, they ...

Test Manager needed for web-based Project

Test manager required by important client for web based project. The prime purpose of the role will be to manage the companies test activities by ...

Featured Talkback

What was achieved there is recognised to be of fundamental importance to both winning the war (Churchill visited to say 'thank you' to them) and the development of the computer. Maybe Bill Gates doesn't want to support this museum because it underlines where electronic computing started i.e. here, not the U.S.

By: 1000103773

Read full story:
Bletchley Park faces bleak future

Sentry Posts Blog

Mobile Security Expert: Your Camera Ph...

Mobile Security Expert: Your Camera Phone Got Hacked Author: Eric Everson, Founder MyMobiSafe.com Have you ever heard someone say “I’d like to be a fly on the wall in that room.”?... More

Post a comment

Skype - The Roach Motel

Here is an interesting article from The National Business Review, pointing out once again that you can never delete a Skype account. Never. Period. This is something I am familiar... More

Post a comment

The vPhone: Why Visa Should Go Mobile

The vPhone: Why Visa Should Go Mobile Author: Eric Everson, Founder MyMobiSafe.com With all of the success of Apple’s iPhone, there is a growing case to support a company like Visa... More

Post a comment