Cyber Extortion

Cyber extortion is a recent form of cyber crime where organizations are asked to pay for the “protection” of malicious hackers who threaten to compromise their computer systems. Recent cases let analysts think that cyber extortion is on the rise and that it is often linked to organized crime.

The following questions have been addressed in this article:

What is cyber extortion?
Does cyber extortion differ from extortion?
What are typical methods of cyber extortion?
Does this happen often?
Who are the criminals?

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