Digital Extortion

For companies that don't have offices in South Korea, it wants to set up a face-to-face channel for regular consultation

Delhi LG V K Saxena has granted sanction for a CBI probe against former minister Satyendar Jain in a complaint of extortion filed by money laundering accused Sukesh Chandrashekhar, officials said on Saturday. Jain is accused of extorting Rs 10 crore from Chandrashekhar as "protection money". A former director general of Tihar jail was also accused in the matter, the Raj Niwas officials said. The LG has given his nod for a CBI inquiry against Jain under Section 17A of the Prevention of Corruption (PC) Act, they said. Jain, a former home minister in the Kejriwal government, was arrested by the Enforcement Directorate (ED) in a money laundering case in May 2022 and is lodged in Tihar jail.

Cryptocurrency and the exchanges where digital currency can be traded anony­mously have emerged as key tools for the cyber extortionists

Digital extortion, in which hackers lock out all your data and seek ransom, is a real threat today