Michael Bloomberg was the subject of a computer crime. He was asked to pay a sum of money in return for being advised as to the perpetrator's methods that were used to invade his system. In street crime terms this would be extortion.

Question

Quizplus · Accepted Answer

Extortion is the act of obtaining money or property by coercion, often by threatening to reveal damaging information or to cause physical harm. In this case, the perpetrator demanded a sum of money in exchange for disclosing their methods for invading Bloomberg's computer system, which fits the definition of extortion.

Michael Bloomberg Was the Subject of a Computer Crime