Friday, November 29, 2013

Another DDOS Attack as "Smoke Screen" For Major Cyber Robbery

"Bitcoin Internet Payment System (BIPS), a Denmark-based Bitcoin payment processor, suffered a denial-of-service (DDoS) attack. Unfortunately for users of the company's free online wallets for storing bitcoins, the DDoS attack was merely a smokescreen for a digital heist that quickly drained numerous wallets, netting the attackers a reported 1,295 bitcoins -- worth nearly $1 million -- and leaving wallet users with little chance that they'd ever see their money again:" InformationWeek, Nov. 13

What DDOS protection software were they using?

http://www.informationweek.com/security/attacks-and-breaches/bitcoin-thefts-surge-ddos-hackers-take-millions/d/d-id/1112831

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