The results are interesting: Almost all attackers ask for between $400 and $5,000. 25% of emails ask for amount less than $1,000. Over 90% of extortion emails ask for an amount less than $2,000. Attackers most typically ask for money ranging from $500 to $2,000. We speculate that the amount of money attackers ask for is relatively concentrated Ransomware: A cyber-extortion tactic that uses malicious software to hold a userā€™s computer system hostage until a ransom is paid. Ransomware attackers usually demand ransom in Bitcoin currency
Lapsus$ Group's Extortion Spree. The digital extortion gang Lapsus$ went on an extreme hacking bender in the first months of 2022. The group emerged in December and began stealing source code and
Best Practices for Preventing Cyber Extortion While cyber extortion is a problem, there are ways to fight against it. These include best practices that will help keep a company safe. 1. Invest in Cybersecurity Solutions. A well-designed cybersecurity system will have a significant impact on preventing cyber extortion. However, this only works

If you spot cyber squatted websites, you should report them immediately so they can be removed from the search engine results. Cybersquatting is a common practice. One of the most famous examples of cybersquatting was when Jeff Bezos purchased the ā€œGoAmazonā€ domain name for $250,000 to prevent it from being bought by another online retailer

In book: Cyber Crime and Cyber Terrorism Investigatorā€™s Handbook (pp.149-164) Chapter: 12; Most prevalent crime types are discussed in detail like phishing, ransomware, and credit/debit card

Cyber extortion is the practice of obtaining money or other types of payment from people or organizations using online or digital means. Cyber-extortion can take a variety of forms, including: Ransomware: Hackers frequently use ransomware to target corporations and government organizations.
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    • types of cyber extortion