code: On Friday, hackers attacked the websites of a number of leading online companies including Twitter, Spotify and Reddit, according to The Guardian. They used a special code to harness the power of hundreds of thousands of internet-connected home devices, such as CCTV cameras and printers, to launch distributed denial of service attacks through a US company called Dyn, which provides directory services to online companies. The virtual currency, which is highly prized by criminal networks because it cannot be traced, is being acquired by blue chip companies in order to pay ransoms, according to a leading IT expert. DDoS attacks involve inundating computer servers with so much data traffic that they cannot cope. Facebook Twitter Pinterest Twitter was among a those giant internet companies targeted by last week attack in the United States Photograph: Kacper Pempel/Reuters Dr Simon Moores, a former technology ambassador for the UK government and chair of the annual international e-Crime Congress, the global body that brings together IT professionals, said the scale and ferocity of the attacks meant some banks were coming round to the view that it was cheaper to pay off the criminals than risk an attack. There is no evidence that Dyn was the subject of extortion demands but it has become apparent that hackers have been using the code to threaten other businesses into paying them with bitcoins or risk becoming the target of similar attacks.
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