Security News > 2020 > October > Travelex, Other Orgs Face DDoS Threats as Extortion Campaign Rages On

Companies worldwide have continued to receive extortion emails threatening to launch a distributed denial-of-service attack on their network, unless they pay up - with British foreign-exchange company Travelex reportedly being one recent high-profile threat recipient.

While the ransom DDoS campaign has been ongoing since August and has received widespread coverage, researchers with Radware said in a Wednesday post that they are continuing to see companies worldwide receive the extortion emails - and that attackers are becoming more sophisticated.

The extortion emails claim that the threat group has already launched a small DDoS attack on the victim's IPs to give the threat legitimacy.

"The letters have been improved since the start of the campaign by fixing some typos, rephrasing some actions for better clarity, and press coverage of earlier DDoS attacks that impacted financial organizations has been added to instill more fear," said researchers.

Back in 2016, a group sent extortion emails to various online businesses threatening to launch DDoS attacks if they weren't paid in Bitcoin.

News URL

https://threatpost.com/travelex-ddos-extortion-campaign/160110/