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Ashutosh Tiwari Talks On Cyber Extortion Attacking Academics

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Ashutosh Tiwari Talks On Cyber Extortion Attacking Academics

Ashutosh Tiwari Talks On Cyber Extortion Attacking Academics - With the steep rise in incidents of cyber extortion making headlines across the globe in countries like Sweden, USA, Finland, and many more, we’re sure you’ve heard the term before. What is cyber extortion and why is this troublesome trend gaining traction? Cyber extortion comes in various forms, but simply put, it occurs when cybercriminals threaten professionals and industry experts with dire consequences in exchange for a ransom. The phenomenon continues to become more commonplace as cyber attacks and theft is the fastest-growing crime today. Cybercrime statistics show that by 2021, damages will reach a staggering figure of USD 6 trillion. Such extortionists have done their homework well and know that if they want to get paid, they need to threaten the individual with life-altering consequences. This could range from fraud, identity theft, and extortion online to releasing incriminating information to malign the individual’s reputation.

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