What is Cyber Triple Extortion?
Cyber extortion is on the rise. Lured by easy and lucrative financial gain, cybercriminals have become more persistent and sophisticated. New strains of ransomware, ransomware-as-a-service, and affiliated business models have helped turn cyber extortion into a legitimate underground economy. In an attempt to turn up the pressure and odds of a successful payday, bad actors are executing triple extortion consisting of the following threats below.