The report shows that cyber extortion, a category designated ‘Cy-X’ by OCD represents the compromise of some assets from a corporate network for ransom and includes ransomware, ranks as the number one type of cyberattack.

Cyber security is the state or process of protecting and recovering networks, devices, and programs from any type of cyberattack. Cyberattacks are an evolving danger to organizations, employees, and consumers. These attacks may be designed to access or destroy sensitive data or extort money.

Cyber Extortion – ransomware, blackmailing, DDoS. Cyber extortion involves using digital means to extort individuals, groups, or companies. Ransomware is a common form of cyber exertion. It occurs when threat actors infect the victim’s machine or systems with malicious software (malware).

2.5 online scams and extortion 22 2.6 crimeware-as-a-service 25 3. brief overview of cyber capabilities in the african region 4. way forward: proactive action against evolving cyber threats in the african region 5. africa cybercrime operations desk annual planning cycle legal disclaimer

A cyber attack occurs when an attacker attempts to obtain unauthorized access to an information technology system for the goal of theft, extortion, disruption, or other evil purposes. Of course, insiders are responsible for a huge proportion of security issues, whether via ignorance or malice.

Multi-extortion ransomware, sometimes called multifaceted extortion, uses multiple layers of attack to persuade victims to pay a ransom to the attacker. In addition to encrypting files, this type of cybersecurity attack might include additional attack methods, such as file exfiltration, distributed denial of service (DDoS) attacks or extending

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types of cyber extortion