DDoS attack used as corporate tool
For once, it's not just script kiddies getting their kicks or hackers showing off their skillz. A businessman has been charged with commissioning DDoS attacks in order to cripple his competiton:
Jay Echouafni, 37, is a fugitive from a five-count federal indictment in Los Angeles charging him with aiding and abetting computer intrusion and with conspiracy. As CEO of the online satellite TV retailer Orbit Communication Corp., Echouafni allegedly paid a business associate to recruit members of the computer underground to cripple three online stores, resulting in long periods of downtime and an estimated $2 million in losses to the businesses and their service providers.
Yikes. The FBI says this is one of the first instances of its type. And now the main perp has gone missing.