Titaniam’s ‘State of Data Exfiltration & Extortion Report’ also finds that while over 70% of organizations had heavy investments in prevention, detection, and backup solutions, the majority of victims ended up giving into attackers' demands.
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Latest coverage for Extortion
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Background for this topic.
Extortion is coercion through threats: an attacker demands money or another concession while threatening harm if the victim refuses. In cybersecurity, this commonly involves encrypting systems and demanding payment for recovery, stealing data and threatening to publish it (often called double extortion), or threatening service disruption. The threatened harm may be real, exaggerated, or based on data the attacker did not actually obtain; payment does not guarantee data deletion, secrecy, or restoration.
Security teams should treat an extortion demand as a potential incident: preserve evidence, isolate affected systems, determine whether data was accessed, and involve legal and privacy specialists where notification or regulatory duties may apply. Offline, tested backups can reduce leverage from encryption, but they do not address stolen information. Reviewing exposed remote services, credentials, and unpatched internet-facing systems can help contain the access path, while threat intelligence may help assess the attacker’s claims and identify related activity.
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The Register
4 years ago
AMD targeted by RansomHouse, cybercrims claim to have '450Gb' in stolen data
Relatively cybercrime newbies not clear on whether it's alleging to have gigabits or gigabytes of chip biz's data If claims hold true, AMD has been targeted by the extortion group RansomHouse, which says it is sitting on a trove of data stolen from the processor designer following an alleged security breach earlier this year.…
The Register
4 years ago
LGBTQ+ folks warned of dating app extortion scams
Uncle Sam tells of crooks exploiting Pride Month The FTC is warning members of the LGBTQ+ community about online extortion via dating apps such as Grindr and Feeld.…
Bleeping Computer
4 years ago
LockBit 3.0 introduces the first ransomware bug bounty program
The LockBit ransomware operation has released 'LockBit 3.0,' introducing the first ransomware bug bounty program and leaking new extortion tactics and Zcash cryptocurrency payment options. [...]
Naked Security
4 years ago
FTC warns of LGBTQ+ extortion scams – be aware before you share!
It's a simple jingle and it's solid advice: "If in doubt, don't give it out!"
Bleeping Computer
4 years ago
LGBTQ+ community warned of extortionists abusing dating apps
The U.S. Federal Trade Commission (FTC) has warned this week of extortion scammers targeting the LGBTQ+ community by abusing online dating apps like Grindr and Feeld. [...]