Since the beginning of 2015, an increasing number of technology firms and bitcoin startups have been targeted by anonymous hackers demanding bitcoin ransoms.
Leading bitcoin exchange Kraken and encrypted email service provider Protonmail are two of many victims suffering from extremely powerful Distributed Denial of Service (DDoS) attacks that have effectively shut down some of their servers and databases for weeks.
According to Protonmail, the hackers begun to target its datacenter that is shared with other Swiss technology firms in Geneva, leaving no choice for the team to pay over US$6,000 in bitcoin ransom to the hackers, requesting an immediate termination of the DDoS attacks.
“The coordinated assault on our ISP exceeded 100Gbps and attacked not only the datacenter, but also routers in Zurich, Frankfurt, and other locations where our ISP has nodes. This coordinated assault on key infrastructure eventually managed to bring down both the datacenter and the ISP, which impacted hundreds of other companies, not just ProtonMail.” the company announced. For the full article click here
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