A DDoS gang is extorting businesses posing as Russian government hackers

File this one under “Ooh, that’s clever!”   Catalin Cimpanu reports.

For the past week, a group of criminals has been launching DDoS attacks against companies in the financial sector and demanding ransom payments while posing as “Fancy Bear,” the infamous hacking group associated with the Russian government, known for hacking the White House in 2014 and the DNC in 2016.

The attacks, brought to ZDNet‘s attention by one of our readers, were confirmed today by Link11 and Radware, two companies that provide DDoS mitigation services and have documented similar “ransom denial-of-service” (RDOS) attacks in the past years.

Read more on ZDNet.

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