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    High-Profile DDoS Extortion Attacks

    Q3 CY2020

Starting in mid-August 2020, a threat actor executed a global campaign of DDoS extortion attacks largely directed towards regional financial and travel-industry targets such as regional banks, stock exchanges, travel agencies, currency exchanges, and, in some cases, their upstream Internet transit providers.

These attacks are characterized by the attacker executing a demonstration DDoS attack against selected elements of the targeted organization’s online services/application delivery infrastructure, followed by an emailed extortion demand for payment via Bitcoin (BTC) cryptocurrency. The extortion demands typically state that the attacker has up to 2tb/sec of DDoS attack capacity at the ready, and threatens follow-up attacks if the extortion payments aren’t transmitted to the attacker within a set period of time.

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