More than half of extortion victims believe they could recoup any financial losses.

Nearly one in five mobile users has fallen victim to an extortion scam.

Nearly 9 in 10 extortion victims reported emotional harm because of the scam they experienced.

58% of Gen Z have been targets of an extortion scam.

64% of extortion scam targets are Gen Z or Millennial.

One in six mobile users reported they've been a target of sextortion.

28% of Gen Z have been victims of an extortion scam.

38% of Gen Z have been a target of sextortion.

69% of extortion scam victims are Gen Z or Millennial.

52% of extortion victims agree 'I’m more likely to click a link on my phone than on my laptop'.

46% of extortion targets agree 'I’m more likely to click a link on my phone than on my laptop'.

35% of extortion victims experienced blackmail or harassment.

Privacy & cyber security was triggered as the main driver of loss in 13.2% of claims (primary 9.4%, excess 22.2%), triggered with some loss impact in 14.6%, triggered with no loss impact known in 3.3%, and not triggered in 68.9%.

Healthcare experienced extortion demands as high as $4 million.

Extortion coverage was triggered in 11.9% of all claims, showing a significant difference between primary claims(15.6%) and excess claims (3.3%), indicating it is far more common at the primary layer.

The average cost of an extortion or ransomware incident remains high, particularly when disclosed by an attacker ($5.08 million).

Double extortion remains the most common approach.

A new quadruple extortion tactic is being used in ransomware campaigns, which builds on double extortion by using distributed denial-of-service (DDoS) attacks to disrupt business operations and harassing third parties (like customers, partners, and media) to increase the pressure on the victim.

Gen X encountered extortion scams at 35% and fell victim at 15%.

28% of Gen Z have fallen victim to extortion scams.