Cyber Extortion

Cyber Extortion

 A crime involving an attack or threat of an attack coupled with a demand for money to stop the attack. One form of cyber extortion is the ransom ware attack, in which the attacker gains access to an organization's systems and encrypts its documents and files -- anything of potential value -- making the data inaccessible until a ransom is paid, usually in some form of crypto currency, such as bit coin.