cyberextortion

(redirected from cyberextortionist)

cyberextortion

A crime in which payment is demanded in order to prevent or stop attacks on an organization's website, network or computer systems. In 2004, a Carnegie Mellon survey stated that only one out of five cyberextortionists who threatened an attack and did not receive payment actually went through with it. See cybercrime.
Mentioned in ?
References in periodicals archive ?
Last year, a Massachusetts police department paid $500 to cyberextortionists to decrypt its files.
Unfortunately, that's opening them up to threats from cyberextortionists.
Cyberattacks have become among the most feared threats in the business world, and cyberextortionists aim to exploit those fears.
From ransomware, malicious software that encrypts computer files and asks for a ransom to decrypt them, to the cyberextortionists who demand huge sums of money to cease their attacks, the financial impact can vary.