Data breaches can lead to extortion


  • TECH
  • Thursday, 07 Jul 2016

Worsening tensions: The attack on public and financial websites could be coming from Russia.

Hackers who steal data aren't after just your bank account passwords. They can cash in through other means, too, such as threatening to expose confidential information they've obtained unless you pay a ransom. 

The Internet Crime Complaint Centre said earlier this month that people have received threatening emails following data breaches. Those emails demand payment in bitcoins, a virtual currency, typically in amounts between US$250 (RM1,000) and US$1,200 (RM4,806). 

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