Threats & Extortion

Threats & Extortion In Depth

Sometimes scammers try to hook you with the promise of winning money and prizes. They also do the opposite, using threats and intimidation which can be even more effective.  

Scammers Tricks 

  1. Send you a message claiming that they have accessed your files or other personal information. 
  2. They threaten to release the information if you don't pay them cryptocurrency.

Bitcoin blackmail scam

Scammers send you an email message claiming that they have hacked your computer and they have recorded you visiting pornographic websites. They threaten to release the footage through your social media accounts if you don't pay them bitcoin within a certain amount of time. It is a scam, you should delete the message and ignore it.

Cyberextortion

Cyber extortion is where a hacker of group of hackers hold a companies data, systems or private information like customer details for ransom until they are paid. These attacks use ransomware which is normally sent out via links in phishing emails to employees. When someone clicks on the link the hackers get access to company systems and infect them with viruses. There are two main types of ransomware; locker and crypto. Locker, as the name suggests, locks the users out of their accounts until a ransom is paid. Crypto ransomware encrypts data on a company's servers and hackers hold a key that they won't release until a ransom is paid.

Sometimes if they have managed to steal sensitive information like customers credit card details they threaten to release them on the internet . This kind of extortion is  large scale, payment demands can be in the million of dollars.

Sextortion

Sextortion is a very serious crime where the perpetrator threatens to distribute compromising or explicit images of their victim, normally a child, on the internet unless they comply with their demands. They may have hacked the victims electronic devices and extracted the images or they may have tricked the victim into sending them by pretending to be a similar age and romantically interested in them.  It can have a devastating and long lasting effect on child's life. If you receive a message from someone online who has have explicit images of you, you need to tell and adult and contact the authorities immediately. The video below from the FBI explains how victims are targeted.

 

Scams Relating to Threats & Extortion

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How to Beat Bitcoin Blackmail Emails & Protect Yourself

How to Beat Bitcoin Blackmail Emails & Protect Yourself

If a hacker is blackmailing you to get bitcoin, it can be hard to figure out if it's an empty threat or a real one.

Scams in Other Categories...
How to Identify a Fake Email from Your Bank & Protect Yourself

How to Identify a Fake Email from Your Bank & Protect Yourself

Scammers impersonate well-known banks, such as Citibank and Chase, to trick you into giving up your sensitive information—learn how to beat these scams.

The "Little Gift" is a Lie! Protect Yourself From Fake Verizon, AT&T, and T-Mobile Texts
15 October 2021 |

The "Little Gift" is a Lie! Protect Yourself From Fake Verizon, AT&T, and T-Mobile Texts

If you receive a text message from your cell phone provider containing a link to a "little gift," don't click on it—it's a scam!

Red Flags of Fake Venmo Email Scams Promising A Lot of Money

Red Flags of Fake Venmo Email Scams Promising A Lot of Money

Venmo users are noticing suspicious emails hitting their inboxes with claims of a large sum of money waiting to be transferred by a PayPal user.

Tinder Code Scam Leads to Monthly Porn Subscriptions
7 October 2021 |

Tinder Code Scam Leads to Monthly Porn Subscriptions

The Tinder safe dating scam tricks users into giving up their credit card info to verify their profiles and leads to auto-enrollment in monthly subscription-based porn sites.

Recognize Fake Bank Reps Calling to Steal Your Information
6 October 2021 |

Recognize Fake Bank Reps Calling to Steal Your Information

A call from your bank isn't always legitimate—imposters pretend to represent your bank to steal your information and money.

Vishing Scams: What They Are and How to Protect Yourself
4 October 2021 |

Vishing Scams: What They Are and How to Protect Yourself

In 2020, almost $20 billion was lost to phone scammers in the U.S. alone. With 165 million robocalls being made every day, it's hard not to be targeted.

Red Flags of Advance Fee Scams and How to Beat Them
28 September 2021 |

Red Flags of Advance Fee Scams and How to Beat Them

A promise of a large sum of money in return for a fee should raise some red flags—more often than not, it's a scam.

How the Nigerian Prince Scam Has Evolved & How to Protect Yourself

How the Nigerian Prince Scam Has Evolved & How to Protect Yourself

Arm yourself with information on how this scam works and the red flags to watch out for to protect your bank account from these thieves.

Elderly Targeted in Sweepstakes Scams: A Lesson to Remember
27 September 2021 |

Elderly Targeted in Sweepstakes Scams: A Lesson to Remember

Read how an actual sweepstakes scheme unfolded and scammed an elderly couple out of $800,000, as told by investigative consultant and ex-DEA Special Agent, Jason James.

Guides Relating to Threats & Extortion

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Guides in Other Categories...
How to Report Scams in Australia
20 October 2021

How to Report Scams in Australia

With so many services available it is hard to work out what to do. We narrow it down to give you the essential information you need to report a scam and get help.

Ultimate Checklist to Protect Your Family From Scams
20 October 2021

Ultimate Checklist to Protect Your Family From Scams

With so many devices and accounts opening you up to various scams, you must protect your family from identity theft and other scams.

Direct or Third-Party: What is The Best Way to Book Hotels?
19 October 2021 |

Direct or Third-Party: What is The Best Way to Book Hotels?

We break down the pros and cons of booking a room through a hotel’s website or using third-party sites to secure the best deals and why.

What to Do If You've Been Scammed (How to Report Scams)
18 October 2021 |

What to Do If You've Been Scammed (How to Report Scams)

Getting scammed isn't fun, and there's often little you can do to recoup your losses, but there are steps you should take to protect yourself.

U.S. Fraud and Scam Statistics 2020 - $3.3 Billion Lost
14 October 2021

U.S. Fraud and Scam Statistics 2020 - $3.3 Billion Lost

The U.S. saw a massive 45% increase from 2019 to 2020 in reports of fraud, scams, and identity theft and a 1,400% increase in 20 years from 2001.

News Relating to Threats & Extortion

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News in Other Categories...
N.J. Man Pleads Guilty to SIM Swapping Conspiracy Stealing Over $500k From Victims
5 October 2021 |

N.J. Man Pleads Guilty to SIM Swapping Conspiracy Stealing Over $500k From Victims

This case shows just why you need to be aware of SIM swapping and how to protect your cell phone number from criminals like this.

Student Loan Scammers Arrested After Stealing $6.1 Million
22 September 2021 |

Student Loan Scammers Arrested After Stealing $6.1 Million

After a 3-year long scam, Angela Mirabella and six others have been indicted on several charges, including grand theft.

FBI Warns Fake COVID Vaccine Cards Could Lead to Prison Time
14 September 2021 |

FBI Warns Fake COVID Vaccine Cards Could Lead to Prison Time

Taking a chance on a fake COVID-19 vaccination card seems like an easy way to get around requirements, but think again before you land yourself in prison.

Beware of this New Scam Involving A Fake Call from CBP
10 September 2021 |

Beware of this New Scam Involving A Fake Call from CBP

Sometimes it just safer not to pick up calls from unknown phone numbers.

Nike Teams Up with U.S. Customs to Stop Counterfeiters
23 August 2021 |

Nike Teams Up with U.S. Customs to Stop Counterfeiters

Nike is taking a stand against counterfeiters and stopping fake products before they hit U.S. soil.