“Help, Help, I’m being Blackmailed”

 February 10, 2019

Justice


SHARE IT:


     

“Expert blackmail? Photos of infidelity? No – this is the digital age and there are new forms of blackmail afoot.” – reports HelloMonaco.com

Digital blackmail is effective and simple for those with strong computer skills. Pay lots of money or suffer! But suffer how? Nowadays our lives depend on computers, networks and the internet. So if the “digital bad guys” can hack in and block a company’s IT infrastructure then the company can’t get its vital work done. It can’t get at the information it needs. It can’t service its customers, suppliers or employees.

A medical professional had computerized his office and linked everything he could digitally, launching himself into this new futuristic world. He had used an outside IT consultant to do the work and had made a substantial part payment, about 60% on a 50.000 euro plus IT services invoice.

There were bugs in the system apparently and the medic wanted to pay the amount remaining due, on ensuring the system was operating bug-free. Cleverly, was the question before the court, the IT expert had inserted an algorithm in the system that blocked everything until his bill was paid.

The medic felt blackmailed and paid other IT consultants to come in and free-up his system. So the case before the court eventually settled on a civil suit. The medic demanded reimbursement of expenses for the fix and associated damages while the system was down. In the region of 30.000 euros claimed, the court ruled in favour but pared the settlement down well below 10.000 euros. Digital blackmail – it’s a new age question! And the Courts will be challenged to find answers.

Originally published by Olga Taran at HelloMonaco.com

Tags: , , , ,

Subscribe to our weekly Monaco newsletter

* indicates required

Monaco Wealth Management will use the information you provide on this form to be in touch with you and to provide updates and marketing. Please let us know all the ways you would like to hear from us:

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at newsletter@monacowealthmanagement.com. We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

Latest News

%d bloggers like this: