Cyber Extortion: Blue Square Calls for Government Action
By philip
Blue Square’s Chief Technology Officer, Peter Pedersen, has called on the government to do more to combat the cyber-extortion and Denial of Service (DOS) attacks, which are becoming more and more sophisticated and costing the UK millions of pounds. He says he has ‘lost count’ of the number of attacks, thought to emanate from East European gangsters, which temporarily cripple the system and demand a ransom. Pedersen feels that, unless more is done, such attacks could threaten the future of e-commerce itself.

“If the government continues to promote UK plc to get online, then it needs to introduce more legislation against cybercrime and press ISPs to provide more defences for customers,” he said. “Ecommerce won't happen if these threats continue to grow. Small companies can't take the same measures we can, and ISPs often charge more to mitigate risks for small and medium businesses.”

The National Hi Tech Crime Unit has said that DOS attacks are becoming increasingly sophisicated and are now tageting banks and online sites such as eBay.

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