cybercrime

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Related to cyberextortion: Cyberstalking, Cyber terrorism

cybercrime

noun a criminal offense on the Web, a criminal offense regarding the Internet, a violation of law on the Internet, an illegality committed with regard to the Internet, breach of law on the Internet, computer crime, connravention through the Web, corruption regarding Internet, criminal activity on the Internet, disrupting operations through malevolent programs on the Internet, eleccric crime, Internet crime, sale of contraband on the Internet, stalking victims on the Internet, theft of identify on the Internet
Associated concepts: copyright theft through cybercrime, cyber laws, hacking, privacy
References in periodicals archive ?
But now that there are more and more cases being publicized, and executives are realizing there are a lot of people who are capable of making this happen, cyberextortion has become something executives need to seriously consider as a part of their companies' insurance portfolio.
That message--coupled with an increased awareness of how expensive a breach can be--is at the root of cyberextortion.
The real secret behind the success of cyberextortion is the fear that, unless you do what the criminals direct you to do, you will lose your files, or worse.
Some insurance companies offer kidnap, ransom and extortion policies that also protect against cyberextortion.
TG: FBI doesn't have formal statistics yet which breakout cyberextortion, but the scope of the problem--based on conversations with other agents, businesses--is that it is something that happens on a daily basis.
Since many DDoS attacks and cyberextortion demands are initiated from locations other than North America, particularly in jurisdictions that are logistically difficult with regard to cooperation, it is a daunting task for law enforcement to find and prosecute the offenders.
The insurance covers liability, media, cyberextortion, property loss, loss of e-revenue, public relations costs and the cost of criminal rewards--AIG will post up to a $50,000 reward for information leading to the arrest and conviction of a hacker.