Cybercriminals have scammed people out of $332,000 since July 2018 by threatening to publish footage of the individuals engaging in some kind of sexual act, according to research published Thursday. The threat intelligence company Digital Shadows examined 790,000 “sextortion” attempts sent to 89,000 email recipients to find that digital con artists typically build their bogus stories on existing information about real hacks. They often review a database of username and password credentials leaked in previous data breaches to find possible extortion victims. Upon contacting a user, scammers claim to have video of the victim watching internet pornography, providing the stolen password to boost their legitimacy. Others claim they exploited a known vulnerability in Cisco routers to monitor their web activity. The tactic was enough to convince more than 3,100 people worldwide to send bitcoin to 92 addresses, according to Digital Shadows. Attacks ranged from sloppy thieves who demonstrated little knowledge of how to organize such […]
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