Author Archives for Mark E. Robinson and Cynthia J. Larose

Cyber Extortion: What to Do When Your Data is Being Held for Ransom

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Imagine you are the IT systems administrator of a large corporation. Coffee in hand, you sit down one morning and log in. You receive a message that there has been an intrusion into the corporate database, a large amount of sensitive data has been stolen, and your backup in the cloud has been compromised. BUT “U R Datta WilL B REstoReD” once you pay “BiTCoiNS U.S.$50,000” to the anonymous cyber-extortionists. If you refuse, your data will be sold or publicly released. You are instructed not to involve police. The amount demanded is short money, you notice. Better to pay and move forward... Read More