Security Experts Warn of Online Extortion Epidemic

LONDON — Security experts warned today that thousands of organizations are paying cyber extortion bribes to hackers for fear that their servers will be the target of a distributed denial of service attack.

“The epidemic of cybercrime is growing,” said Alan Paller, director of research for the SANS Institute, at the Top 20 Vulnerabilities conference in London earlier today.

According to Paller, up to 7,000 organizations are currently paying online extortion demands.

“Every online gambling site is paying extortion,” Paller said. “Hackers are using DDoS attacks, using botnets to do it. Then they say, ‘Pay us $40,000, or we’ll do it again.’”

Such threats go largely unreported because companies often feel embarrassed to talk about it, Paller said, but the implications of them are huge. According to Paller, the same types of techniques used by cyber extortionists could be targeted against government organizations.

Paller’s concerns may not be unwarranted.

Earlier this year, Britain’s National Hi-Tech Crime United arrested three men allegedly connected with a Russian gang running an online protection scheme.

According to police, the gangs targeted online gambling companies and requested between $18,000 and $55,000 in protection.

Paller laid some of the blame for the recent growth of cybercrime on software developers, saying that software vulnerabilities should be the responsibility of the vendor.

“Applications breaking after patching is the operating system vendor’s fault,” Paller said, recommending that they take the SANS Institute’s top 20 security vulnerabilities to heart.

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Op-Ed: The Guardian's XBIZ Amsterdam Podcast Dismisses Creators' Experiences

British newspaper The Guardian’s podcast coverage of XBIZ Amsterdam 2025 purports to investigate the power dynamics of today’s online adult industry. Instead, it ignores creators’ voices, airs tired and outdated preconceptions about the business, and rehashes the unsupported claims of anti-pornography crusaders.

Eva Maxim, BranditScan Launch 'Killer' Promo

Eva Maxim and BranditScan have partnered for the Killer Creator Giveaway promotion.

2026 XBIZ Exec Awards Nominees for Online Industry Announced

XBIZ is pleased to announce the nominees for the online industry edition of the 2026 XBIZ Exec Awards, set to be presented as part of the annual XBIZ Honors ceremony on Wednesday, Jan. 14 in conjunction with the XBIZ 2026 digital media conference.

AEBN Publishes Report on POV Trends

AEBN has published a report on POV and gonzo categories from its straight and gay theaters.

Joybear Pictures to Launch 'I Really Love' Studio Imprint

Joybear Pictures has announced that its new studio imprint, I Really Love, will launch in January.

Pineapple Support to Host 'Life Transitions' Support Group

Pineapple Support is hosting a free online support group on navigating transitional and liminal spaces.

CamSoda Launches 'Trick or Tease' AI Companions

CamSoda has launched its Halloween-themed Trick or Tease AI companions.

Russian Lawmakers Call for Age Verification

Two Russian lawmakers have called on the country’s government to implement age verification for adult content.

British Documentary Spotlights XBIZ Amsterdam With Candid Conversations

British creator and host Josh Pieters traveled to XBIZ Amsterdam to film a documentary about the annual European adult industry conference.

XBIZ 2026 to Debut 'New Talent Go-See' Special Event

XBIZ 2026, North America’s premier adult industry conference, will debut a special event designed to help new talent jump-start their careers: the New Talent Go-See.

Show More