The other type of scam targeted aggressively by the NCSC last year, bogus extortion emails, involve falsely claiming a victim’s email has been hacked and saying they need to pay money.
Sextortion is a crime that involves blackmailing a victim. The extorter threatens to share images, videos, or information about the victim’s sexual preferences unless the victim pays up or engages in more sexual acts. Usually, the perpetrator will threaten to share the sexual content with the victim’s family, colleagues, friends, and otherFurthermore, cyber extortion incidents grew by 70% in Africa – showing that malicious parties are increasingly more active outside of countries like the US, Canada, and the UK.
Cyber extortion is an umbrella term for a wide array of cybercrimes. Cyber extortion occurs when cybercriminals threaten to disable the operations of a target business or compromise its confidential data unless they receive a payment. The two most common types of cyber extortion are ransomware and DDoS (Distributed Denial of Service) attacks.
Cybercrime encompasses a wide range of criminal activities that are carried out using digital devices and/or networks. These crimes involve the use of technology to commit fraud, identity theft, data breaches, computer viruses, scams, and expanded upon in other malicious acts. Cybercriminals exploit vulnerabilities in computer systems andExtortion Trends The Multi-State Information Sharing and Analysis Center’s (MS-ISAC) Cyber Threat Intelligence (CTI) team assesses it is highly likely ransomware groups will continue to steal and post victim data throughout 2021, as an added revenue generator and double extortion tactic. By threatening to publicly post confidential data,
The FBI's investigative programs include counterterrorism, counterintelligence, cyber, public corruption, civil rights, transnational organized crime, white collar crime, violent crime, and Online extortion, also commonly referred to as cyber extortion, can take many forms on the internet, but often the threat is the release of private or explicit photos unless a sum of money is paid. With the advent of the digital age, the means of extortion have evolved. Unlike traditional extortion, the threat of online extortion is very public. The number of cyber security companies grew 21% in 2020. A study by Atlas VPN found that the UK cyber security industry comprised 1,483 companies in 2020. This was up 21 percent over 2019. In 2017, there were just 846 cyber security companies, meaning the industry has grown 85 percent in three years.