The Latest in IT Security

Forget Stealing Credit Cards, Now Hackers Just Straight-Up Blackmail You

29
Mar
2014

While hackers tried to get rich by stealing millions of credit cards from Target, other cybercriminals have quietly tried another method to make a quick buck: Asking companies to pay them to go away. In recent weeks, two companies have publicly described their experiences with what has become a popular hacker tactic: cyber extortion. Cybercriminals have threatened to disclose sensitive data or cripple websites unless their victims pay hundreds or even thousands of dollars in ransom. Like kidnappers and terrorists, cyberciminals have been demanding ransoms for years. …

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