Lizard Squad Reveals How It Used Sony Corporation (ADR) (SNE) and Microsoft Corporation (MSFT) As Bait to Selling Its New Service

Sony Corporation (ADR) (NYSE:SNE) and Microsoft Corporation (NASDAQ:MSFT) have recently been in the news because of Lizard Squad’s cyber attacks on their gaming networks. Turns out that the hacker group had planned the whole incident as a marketing campaign, to sell their commercial cyber-attack service.

The hacker group had designed the attacks to attract potential customers by gaining mass popularity through these attacks. With the attacks on Sony and Microsoft Corporation (NASDAQ:MSFT), the group has managed to lure a lot of attention on social media.

In their latest tweet, Lizard Squad said that they are offering the DDoS service to anyone willing to invest in it. The DDoS service or the distributed denial-of-service is a technique that functions by overloading servers with data requests. The technique allows the user to make powerful cyber-attacks by jamming the networks with artificial traffic.

The attacks on Microsoft Corporation (NASDAQ:MSFT) and Sony Corporation (ADR) (NYSE:SNE) have caused the companies to incur huge revenue losses as gamers all across the globe were unable to log in on the systems. Neither of the companies has announced any figures for the losses yet.

The hacker group has named the service as Lizard Stresser and said that the service is completely active. A member of the hacker team, dubbed “dragon,” contacted Daily Dot on the social networking media Twitter. “Dragon” explained that the group would retract back to its source once it is done with the launch of the Lizard Stresser. The team explained that the service is functional and ready to be used against any large websites or other targets such as the Xbox Live or PSN.

Lizard Squad has listed down its achievements, which is viewable to customers as customers log on to the group’s new service. The group explained that the attacks require a sum in the range $6 and $500 and is payable via Bitcoin. While unlimited attacks can be launched for $500, 30,000 seconds of an attack can be covered in around $130 per month.