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By SecureWorld News Team
Tue | Jun 11, 2019 | 1:15 PM PDT

It's enough to send businesses into a panic. Especially the marketing team.

A new cyber extortion email is going around threatening to trash your company's reputation online—unless you reply with Bitcoin.

And the entry point of this scam is your company website.

BleepingComputer reports:

Scammers are utilizing a web sites contact's form to send messages to site owners with a subject of  "Abuse and lifetime blocking of the site - My requirements."

The demands then state the sender will destroy the reputation of the site if a .3 bitcoin (approximately $2,400) payment is not paid to them.

If a payment is not made, the extortionist states that they will send millions of emails from your domain, leave nasty reviews about the recipient's site, and submit nasty messages to other people's contact forms pretending to be from your domain.  All of this being done to ruin the reputation of the site.

And you can imagine what that would do to your brand, if the threat was actually true.