Explain cyber extortion ?

Cyber extortion is a type of cybercrime in which an individual or group uses technology to threaten a victim with harm or damage unless a ransom is paid. This can involve threats to release sensitive information, disrupt a company's operations, or damage a person's reputation. The extortionist typically demands payment in the form of cryptocurrency or other untraceable methods to avoid detection by law enforcement. Cyber extortion can have serious consequences for individuals and businesses, including financial loss, reputational damage, and legal repercussions. It is important for individuals and organizations to have strong cybersecurity measures in place to protect against these types of threats.