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Author Topic: [2015-12-15-14] Bitcoin DDoS Ransom Attacks May Triple in 2016  (Read 173 times)
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December 15, 2015, 03:10:47 AM

As if we did not have enough bitcoin associated DDoS attacks in 2015, the coming year may see the number turn three-fold as automation of such attacks increases. The startling prediction has been made by a Hudson-based DDoS protection solutions provider Corero Network Security (LSE: CNS).

The media release states that the volume of DDoS attacks grew by 32% per quarter, and may result in a 30% jump in bitcoin ransom demands if the trend was allowed to continue.

Dave Larson, COO at Corero Network Security said,

“Just one highly publicized participant will further fuel the epidemic by causing these demands to spread like wildfire. By deploying in-line, real-time DDoS mitigation tools, properly prepared organizations can stem this tide by refusing the ransom requests, secure in the knowledge that they are protected and can withstand the storm.”

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