The current study aims to shed light on the many types of threats and cyber extortion in Iraqi culture, as well as compare and contrast the laws of Iraq, Egypt, and France. The researcher made use of the analytical method, which entailed examining the data he gathered and categorizing it into parts based on its subject to identify issues.
Types of Ransomware. Crypto ransomware. Crypto ransomware encrypts files on a computer so that the computer user is handicapped and does not have access to those essential files. Thus, in crypto ransomware, cyber thieves acquire money by demanding the victims pay a ransom in return for the locked and encrypted files.
Within those complaints, cryptocurrency investment fraud rose from $907 million in 2021 to $2.57 billion in 2022, with the most targeted age group reporting this type of scam being 30-49.
For the operation of this type of extortion, the information has to be highly personal or sensitive, like photos or videos, or, in the case of business institutions, something of high value, like their trade secrets. Blackmail. Among the different forms of cyber extortion, blackmail is also on the list.
Cyber extortion is a growing concern among organisations and businesses. Above are some of the measures which can strengthen the security of your system and reduce the chances of cyberattacks. Combining them with a cyber security policy is one of the smartest ways to approach the menace.
Computer and network intrusions: The FBI’s 56 field offices each have cybercrime agents, as well as analysts, who help them track down cyber criminals.This type of cybercrime can include blackmail or extortion, as well as terrorism, identity fraud, and similar illicit acts.
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types of cyber extortion
