Small Web Start-Ups Hit by Cyberattacks

Several small web start-ups have been hit recently by a wave of so-called denial-of-service, or DDoS attacks, in which attackers knock a victim offline using a flood of traffic and refuse to stop until their victims pay their ransom in Bitcoins. The amounts demanded are typically low — which seems like a lot of work for little payoff — but those who have been targeted say they think the nominal amounts are bait and could lead to future extortion and demands.