Russian Online Extortion Group Broken Up

The Russian extortion ring is accused of forcing online betting sites to pay them hundreds of thousands of dollars in order to protect them from “zombie” computers.

The group threatened sports betting and gambling sites with crippling denial of service attacks, with the thought that it would be less expensive for the sites to pay the protection money than to have their operations stopped for a significant amount of time.

According to a PC World report, three men, ages 21, 22, and 24, were taken into custody this week in separate arrests in St. Petersburg, Russia, and the Saratov and Stavropol regions of southwest Russia.

Click here for a more in-depth article at PC World.