On Saturday, an attacker and blackmailer "DD4BC" sent a note to the Bitalo Bitcoin exchange threatening distributed denial of service (DDoS).
DD4BC demanded 1 Bitcoin (about 206, $326) as protection money and for "info on how I did it and what you need to do to prevent it".
HelloYour site is extremely vulnerable to ddos attacks.I want to offer you info how to properly setup your protection, so that you can't be ddosed! My price is 1 Bitcoin only.Right now I will star small (very small) attack which will not crash your server, but you should notice it in logs. Just check it.I want to offer you info on how I did it and what you have to do to prevent it. If interested pay me 1 BTC to [Bitcoin address]Thank you.Bitalo CEO Martin Albert eschewed the offer for lessons on avoiding DDoS.
Instead, the exchange slapped a bounty on DD4BC's head, to the tune of 100x the ransom money.
That price may seem steep, but this is serious business to Albert, who told Motherboard that his...(continued)
