This talk is part of a two-presentation session running from 4:10 PM - 5:00 PM. The session will feature two presentations back-to-back, with Q&A after each presentation.
Financial sextortion is the fastest growing crime targeting children in North America and Australia—accelerating at an alarming rate, with incidents surging up 1,000% in the past 18 months. In a December 2023 hearing, FBI Director Wray warned Congress that sextortion is “a rapidly escalating threat,” and teenage victims “don’t know where to turn.” This report reveals that virtually all of the financial sextortion targeting minors today is directly linked to a distributed West African cybercriminal group called the Yahoo Boys. Additionally, this investigation unveils previously unreported views into the social media platforms where these criminals share their sextortion scripts, tools, and methods, which has allowed this crime to proliferate at an exponential rate.