Cyber-Extortion: The Elephant in the Server Room
30 Pages Posted: 13 Jan 2007
Date Written: May 2007
This article has three goals. First, the authors review the available data on the phenomenon of cyber-extortion - the practice of demanding money in exchange for not carrying out threats to commit harm that would involve a victim's information systems. Second, the authors investigate why attorneys are apparently the last to know when their business clients are the victims of cyber-crimes. Third, the authors offer proactive steps that attorneys may take to prevent or mitigate the harm that their clients could otherwise experience at the hands of cyber-criminals.
This article has a companion piece - Cyber-Extortion: The Duties and Liabilities Related to the Elephant in the Server Room - that comprehensively analyzes the legal frameworks related to cyber-extortion. That article is also available here at www.ssrn.com
Keywords: cyber-extortion, cybercrime, cyber, crime, liability, duties, business, cyber-security, prevention
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