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Hackers are using DDoS attacks to squeeze victims for ransom

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Ransom DDoS attacks are quickly gaining popularity making real-time DDoS protection a must for any business.
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 to use similar methods as they have been quite successful. Unlike a ransomware attack where cybercriminals break in to a company’s network in order to lock their files, RDDoS attacks use the threat of taking down a company’s website with an overload of traffic and this can be crippling to their business. Just as an organization can use cloud backup and other similar services to protect their data from being locked following a ransomware attack, DDoS protection ensures that a company’s site will remain protected if it’s suddenly flooded with an overload of traffic.

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