Tag: losses

‘Sextortion’ Leads To Financial Losses And Psychological Trauma – What To Look Out For
SEX & RELATIONSHIPS, TOP FOUR

‘Sextortion’ Leads To Financial Losses And Psychological Trauma – What To Look Out For

When malicious internet users gain people’s trust to obtain sexually explicit photos or videos, and then use these materials – specifically the threat of sharing them – to coerce them for sexual, personal or financial gain, this is called “sextortion”. Recent incidents of sextortion are not entirely surprising given the increase in social interactions online during lockdowns, particularly by way of online dating. But they are concerning. Being a victim of sextortion is associated with significant financial losses (sextortion cost Americans US$8 million over the first seven months of 2021, for example) as well as trauma. Perpetrators of sextortion could be strangers who want to exploit vulnerable young children or adolescents. They could be former romantic partners or members of organised...
Here’s What To Look Out For On Dating Apps – ‘Sextortion’ Leads To Financial Losses And Psychological Trauma
SELF

Here’s What To Look Out For On Dating Apps – ‘Sextortion’ Leads To Financial Losses And Psychological Trauma

When malicious internet users gain people’s trust to obtain sexually explicit photos or videos, and then use these materials – specifically the threat of sharing them – to coerce them for sexual, personal or financial gain, this is called “sextortion”. Recent incidents of sextortion are not entirely surprising given the increase in social interactions online during lockdowns, particularly by way of online dating. But they are concerning. Being a victim of sextortion is associated with significant financial losses (sextortion cost Americans US$8 million over the first seven months of 2021, for example) as well as trauma. Perpetrators of sextortion could be strangers who want to exploit vulnerable young children or adolescents. They could be former romantic partners or members of organised...
Despite The Coronavirus Job Losses Immigrants Are Still Sending Lots Of Money Home – For Now
BUSINESS, IN OTHER NEWS

Despite The Coronavirus Job Losses Immigrants Are Still Sending Lots Of Money Home – For Now

Banks and aid agencies have been warning of a pandemic-related plunge in the amount of money sent by migrants to family back home who rely on the income. In a typical year, more than 270 million migrants living and working abroad send these cash transfers, known as remittances, to their home countries. Yet so far, despite the lockdowns that have devastated wealthier economies and caused massive unemployment, remittances have generally held up this year. In some cases they’ve even been higher than usual, based on our review of the latest available data and press releases for top remittance recipient countries. Remittances to Mexico, for example, surged 9.4% in the first eight months of the year. Pakistan is also experiencing a record increase, while cash transfers to such countries as Viet...