Hackers are using DDoS attacks to squeeze victims for ransom

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Now may be a good time for businesses to invest in DDoS protection as cybercriminals have begun using the threat of large-scale DDoS attacks to extort ransoms from organizations.

According to a new blog post from Cloudflare, a major Fortune Global 500 company was targeted by a Ransom DDoS (RDDoS) attack by a group claiming to be the Lazarus Group in late 2020. This extortion attempt was part of a wider trend of ransom campaigns that unfolded throughout last year and cybercriminals will likely continue to use similar methods as they have been quite successful.



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