FBI says hackers shake down big banks, threaten to shut sites if they don’t pay up

Financial companies are facing extortion threats from hackers who threaten to knock their websites offline unless firms pay tens of thousands of dollars, an FBI agent told MarketWatch Thursday.

More than 100 companies, including targets from big banks to brokerages in the financial sector, have received distributed denial of service threats since about April, says Richard Jacobs, assistant special agency in charge of the cyber branch at the FBI’s New York office. With these types of attacks, known as DDoS, criminals jam websites by flooding them with useless traffic.

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2 responses to “FBI says hackers shake down big banks, threaten to shut sites if they don’t pay up

  1. I have no sympathy for hackers but I have to admit that the big banks and brokerage companies are finding out that the power of karma in that what comes around truly does go around. If only the hackers would donate some of the proceeds from their extortion to families that have been screwed over by the big banks and brokerage companies. That might not be legal but as far as I am concerned that would be true justice.

  2. That would be nice for the hackers to do that for the victims of the banks. And you are right, Stan, the banks are getting what they deserve. And I don’t have any sympathy for them. You don’t wrong to people, then it comes back to bite you in the butt. Anonymous hackers did warn the big banks couple of years ago that they would shut down their system but the banksters thumbed their nose to the hackers. Well, the chickens come home to roost.

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