Cyber-extortionists are liars

The good news about cyber criminals who go in for extortion is that they also tend to be liars. The bad news — they’re extremely difficult to catch.

Wade Woolwine, manager of strategic services at Rapid7, has dealt with his share of blackmailers who steal sensitive data from enterprises and then hold it for ransom.

Companies call in Rapid7 to help them figure out whether the blackmailers do, in fact, have the data they claim to have, to learn how they got into the system and to get them out, and to figure out how to deal with the blackmail itself.

Woolwine said that he’s worked on under a hundred of these cases.

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