Extortion

Cryptocurrency extortion scheme targeted Seattle startup StormX, report says – GeekWire

Steven Nerayoff (second from right) tweeted the above photo of himself alongside StormX founder Simon Yu (third from right) and COO Arry Yu (second from left) in March 2018. “Great friends in blockchain are immutable!” he wrote in the caption. Nerayoff was arrested this week for extorting a company reportedly identified as StormX. (Photo via …

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“GDPR Extortion” Could Affect US Companies. Here’s How to Prevent It

Most US-based business leaders are at least somewhat familiar with the GDPR (EU General Data Protection Regulation.) Although this broad set of data regulations is designed to protect the privacy of citizens in the European Union, it will significantly affect US businesses as well. It will also likely lead to a new and costly cybercrime: …

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