What Does Cyberextortion Mean?

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What does Cyberextortion mean? Read on to discover the definition & meaning of the term Cyberextortion - to help you better understand the language used in insurance policies.

Cyberextortion

Cyberextortion

A type of online crime in which a criminal threatens to damage or shut down a company's website, e-mail server, or computer system or threatens to expose electronic data or information belonging to the company unless the company pays the criminal a specific ransom amount.

We hope the you have a better understanding of the meaning of Cyberextortion.

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