Home Bitcoin News Bitcoin Scam Beware New Bitcoin Extortion Scam That Uses Stolen Passwords

Beware New Bitcoin Extortion Scam That Uses Stolen Passwords

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Photo by Aksa2011

On Krebs on Security, Brian Krebs writes about a new email scam making the rounds. As with previous scams, the sender claims to have pictures of you watching pornography captured from your webcam and threatens to publish the images unless you hand over a hefty Bitcoin payment. A new twist makes it more convincing: the extortion message includes an old password for an online account connected to your email address. Krebs suspects that these passwords are being extracted from the many password breaches that have occurred over the years, and he worries that this type of attack will become more sophisticated and convincingover time. For now, if you receive one of these messages, just ignore it, and make sure to use a strong, unique password for each of your online accounts, which is easy if you use a password manager like 1Password or LastPass.

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