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Hackers are using DDoS attacks to squeeze victims for ransom – TechRadar

Is the threat of a large-scale DDoS attack enough to get organizations to pay?

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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…

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