Crime gangs extort money with hacking threat

Saw this article from Dave Farber’s Interesting People list:

Evidence of a new type of international extortion racket emerged on Tuesday with revelations that blackmailers have been exploiting computer hacking techniques to threaten the ability of companies to conduct business online. Sites have been asked to pay up to $50,000 to ensure they are free from attacks for a year. Police are urging any victims not to give in to blackmail and report the crime.

Anyone encounter this? This is unbelievable!

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