Cybercriminals earned $1.2 million in Bitcoin (BTC) through “sextortion” and bomb threat scams in the last 12 months, cybersecurity company Symantec (NASDAQ:SYMC) reports on July 30.
In sextortion scams, the scammers send victims emails that include an old password in the subject line, claiming the device is compromised. The message further states that the scammer is in possession of a photo or video of the victim looking at pornography websites, ostensibly obtained through a hacked webcam.