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Latest coverage for Extortion

Stay updated on cyber extortion trends: threats, prevention tips, and incident responses. Protect your data with the latest info on digital ransom tactics.

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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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Bank Info Security 1 year, 10 months ago

Karakurt Ransomware Group Suspect Appears in US Courtroom

Latvian Charged With Serving as Extortion Specialist for Russian-Speaking GroupA Latvian national accused of serving as a Russian-speaking ransomware group's extortion specialist appeared in a U.S. courtroom this week to face a four-count indictment filed against him. Moscow resident Deniss Zolotarjovs, 33, was recently extradited to the U.S. from the country of Georgia.

If you needed yet another reminder of what happens when security basics go awry Updated It's a good news day for organizations that don't leave their AWS environment files publicly exposed because infosec experts say those that do may be caught up in an extensive and sophisticated extortion campaign.…

Bank Info Security 1 year, 10 months ago

How Ransomware Group Stability Affects Payment Decisions

Robert Boyce on Accenture's Strategy for Assessing the Behavior of Ransomware GangsAccenture Global Cyber Resilience Lead Robert Boyce outlines why organizations must assess the stability of ransomware groups before deciding how to respond to extortion threats. He outlines how trustworthiness of ransomware gangs can affect the likelihood of receiving decryption keys after payment.