Surge in Sextortion Attacks Cost Targeted Users $8 This Year

 

The FBI IC3 (Internet Crime Complaint Center) raised an alert about a great surge in sextortion complaints since January 2021, which has led to a total financial loss of around $8 Million till July. FBI got over 16000 complaints of sextortion until July, most of them coming from the age group of 20-39. "Victims over 60 years comprised the third largest reporting age group, while victims under the age of 20 reported the fewest number of complaints," says FBI. Sextortion happens when potential victims are blackmailed by criminals in person or through dating sites, emails, and online chats that may expose sensitive or private photos/videos if the victims fail to pay the ransom. Started with an email scam, the Sextortion incident came to light in July 2018, when criminals started mailing victims threatening that they had proof of them surfing adult sites (which include victim passwords exposed through data leaks) to get credibility. Email sextortion campaign scammers also distributed various malware strains that range from ransomware to data-stealing trojans. As per the majority of the victims, the initial contact with the criminal is mutual as it is made via dating apps and websites. After the interaction, the criminal then requests the target to connect on some other platform for conversation. According to the FBI, "the fraudster instigates the exchange of sexually explicit material and then encourages the victim to participate via video chat or send their own explicit photos. Immediately after the victim complies, the fraudster blackmails the victim and demands money to prevent the release of the photos or videos on social media." The victims have it even worse, as the criminal may also get access to the target's social med ..

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