According to estimated data, 5 percent of the global GDP gets laundered worldwide. Now the launderers are not only looking for the liquid, as they are also dealing with the online money and plastic money also. They have advanced techniques of internet marketing ads, using which the business fraudulent like Mr Ilan Tzorya are tricking the investors and other audience as well. If you don’t believe then you can look at the information given below, that might help you to open your closed eyes about online advertisement fraud.
You might not know that you would click on an unknown link to do the transaction which you don’t even know about. While the best way to avoid such a problem is to never login your online banking or online credit details on your system. While many people don’t log out their online banking, which is why they fall for the click jacking trickery and lose their money.
How ad network can be used for money laundering?
There are many fake websites available online, as phishers use such websites as their platform for tricking others. They use faulty methods to generate web traffic on their sites. Now, most of the companies are using advertising platform to generate more traffic on their sites to get more revenues. As there are fraudsters who also use to create ads in which customer is redirected into other websites to do the transactions.
While a customer might be thinking that they are paying for the product which they want. But in reality, they are paying for some other stuff. To avoid such kind of trickery with yourself, you should learn about all the product deals and the information of site before doing a transaction on the site.
How to protect yourself from online fraud?
Through bots and some other link building methods, some companies are trying to get more traffic on their sites. While they use black hat tricks to gain more customers and they didn’t fulfill the qualities which they mention on their site. If you would face a similar site, then it is better to cancel the transaction and use a quality site for your purchase.
Compliance: Regulators, Audits and Accountability
There are still no bookish laws for controlling the problem of click jacking and other online ads fraud. However, there are many cyber-crime control actions which have been taken by the government of various nations to overcome such problems. Nowadays most of the reliable websites, have more transparency which makes them different compared to other fraudulent sites. While you should only invest in the reliable and trustworthy websites only.
Cyber blackmailing or extortion is an act of threatening someone in order to demand money or other precious things from a person. It is basically a malignant activity against a victim, such as blackmailers encrypt victim system and offer them to decrypt their intimate information once the demand will be met. Other kinds of cyber blackmail include the threat of exposing credentials or corporate data that have been stolen unlawfully from any organization.
Types of cyber extortion
Cyber extortion takes place when cyber criminals break corporate networks to exfiltrate their valuable data. Once they accomplish their goal of hijacking corporate data, they step forward to demand ransom from that particular organization. All these extortions are carried out by professional scammers like Ilan Tzroya who is a well-known corporate scammer.
In the context of ransom ware scams, the victim gets affected with the malware that makes the authorized user unable to access their device or the data stored in it. In order to get access to the device or stored data, the victim tends to fulfill the demand of hacker. A user might, unfortunately, download the malware by opening an infected mail or clicking on a link that pop-ups with attractive offers.
Now comes the database ransom attack, where hackers hijack databases of all those systems that are not fully chunked or have not reset any default administrative passwords. In order to reinstate the data, attackers demand specific amount and threaten victim for replacing the contents of the server that has been cracked.
Effects of Cyber extortion
Companies which experiences cyber extortion not only suffer a loss related to conscious corporate, they are bound to face serious damage for organization’s reputation, lose their established customers and ultimately their profit margin goes down. When the company’s profit diminishes, it would ultimately a downfall in the nation’s economy.
Since hijackers don’t let the customers access a specific website, customers get offended by trying again and again. As a result, they prefer shifting to other similar organization where they can get the services they have been looking for. Moreover, the hackers also apply treat of selling out victim’s corporate secrets and ideas to their rivals which often encourages the victim to fulfill their demands.
Cyber extortionists are promptly searching for various new possibilities to exploit and threaten victims. Their target is basically those people who are able to fulfill the scammer’s demand without taking much time to arrange money or other valuables.