Security experts are praising the international bust of a Russian Internet extortion ring, but they also warn that cyber strong-arm schemes — which use viruses, worms, trojans and the threat of denial of service (DoS) attacks — are increasing and spreading to different targets, including e-commerce and financial transaction sites.
The UK’s National Hi-Tech Crime Unit (NHTCU) and authorities in Russia announced this week that they had arrested three key members of a Russian gang who allegedly were involved in extortion and money-laundering using the Internet.
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Online Extortion Bust Highlights Profit, Problem
Posted by: Jay Lyman July 22, 2004 11:26 AMSecurity experts are praising the international bust of a Russian Internet extortion ring, but they also warn that cyber strong-arm schemes — which use viruses, worms, trojans and the threat of denial of service (DoS) attacks — are increasing and spreading to different targets, including e-commerce and financial transaction sites.
The UK’s National Hi-Tech Crime Unit (NHTCU) and authorities in Russia announced this week that they had arrested three key members of a Russian gang who allegedly were involved in extortion and money-laundering using the Internet.