Fraudsters targeting work email accounts to steal money, Barracuda study reveals
In a recent report, cybersecurity firm Barracuda has shed light on a concerning trend in which email fraudsters use multiple Bitcoin wallets to extort money from their victims. These scammers employ tactics that involve threatening to expose embarrassing or illicit material, targeting numerous work email accounts simultaneously, and demand moderate payments of around $1,000 USD in Bitcoin. By utilizing this approach, attackers can remain undetected and avoid raising alarm among potential victims, security teams, and…