Price to Hire Cyber Experts to Attack Website

in Business Risk

The owner and operator of an illegal gambling website in South Korea hired two cyber security experts to attack a competing gambling site.

South Korea’s National Police Agency stated that the owner of the illegal gambling site paid two men $911,000 (1 Billion South Korean Won) to attack the competitor. The cyber attack consisted of hacking into 12,000 computers located at six different banks. Once in control of those computers, the man directed them to commence a distributed denial of service (DDOS) attack on to the gambling website.

(Price to rent a botnet to DDOS a website.)

One of the men was the owner of his own security company, and the other man was his employee. The man told police that he accepted the illegal job due to his lack of income. The man was previously a computer science professor in South Korea.

Intelligence officials believe that there are over tens of thousands of players in South Korea who bets at illegal gambling websites.

Source:  Jung Min-ho, “Cyber security experts arrested for hacking gambling site,” Korea Times, March 3, 2015.

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