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

Online business Toolkit

Thousands of companies are paying off online extortionists

Dan Ilet ZDNet.co.uk

Published: 08 Oct 2004 14:25 BST

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

Alan Paller, director of research for security organisation SANS, said today that online extortion was rife and that cybercrime was set to get worse.

"Six or seven thousand organisations are paying online extortion demands," said Paller on Friday at the SANS Institute's Top 20 Vulnerabilities conference. "The epidemic of cybercrime is growing. You don't hear much about it because it's extortion and people feel embarrassed to talk about it."

"Every online gambling site is paying extortion," Paller claimed. "Hackers use DDoS [distributed denial-of-service] attacks using botnets to do it. Then they say 'pay us $40,000 or we'll do it again'."

Paller added he was concerned that the same techniques used for extortion -- i.e. DDoS attacks -- could easily be used to target organisations in the critical national infrastructure (CNI).

The director of the National Infrastructure Security Co-ordination Centre, Roger Cumming, shared Paller's concern.

"There's an enormous amount of extortion," said Cumming. "We are concerned about the technologies of extracting money could be used to endanger the CNI. One of the things we are talking about is how to mitigate that threat."

Paller called for vendors raise their game -- he said that security vulnerabilities were their responsibility to fix and that their products should comply with the SANS top 20 vulnerabilities.

"Applications breaking after patching is the operating system vendor's fault," he said. "They tell developers to build applications on unprotected systems. But the other half of the game is that application vendors should have to test their products on safer systems – you do that with procurement."

A spokesman for at least one prominent UK gambling site said that he would rather not comment on the whole issue.

The SANS conference is taking place at the Department of Trade and Industry today.

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

Did you find this article useful?
90 out of 175 people found this useful


Full Talkback thread

0 comments

Company/Topic Alerts

Create a new alert from the list below:





Related Jobs

ERP Systems Operations Manager / ERP Manager (SAP) - St Davids Park, Deeside, North West

Unilever is on a journey of significant business and IT change with SAP systems at the heart of our services framework, which is designed to meet the ...

Fidessa Support Analyst Banking London City

FIDESSA, FIX, ETP, DMA, FIRST LINE SUPPORT, EQUITIES A fantastic opportunity for a Trade Floor Support Analyst with solid Fidessa experience to join ...

Security Consultant Ethical Hacking / Penetration Testing - London

Responsibilities: - Deliver security assessment services including network scanning, vulnerability testing, penetration testing, search engine ...

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

Featured Talkback

I wonder, who needs .asia domain? I cannot imagine, what would be useful for Microsoft.asia? Toyota.asia? Then let's register .europe (if .eu is too short). Or perhaps Microsoft.southamerica, Dell.australiaandnewzealand, Coca-Cola.africa... Sound funny? Then why not just use the global and country domains? Or perhaps it is time to drop the domains at all?

By: LadyRoot

Read full story:
Businesses advised to register .asia domains