In today's digital age, social media platforms offer incredible opportunities for connection and communication. However, they also pose significant risks, especially for teenagers. A recent NBC report highlights a troubling trend: financial sextortion targeting teen boys, primarily via Instagram. This alarming issue requires immediate attention and proactive measures from both parents, educators and teens to safeguard against these cyber crimes. Financial Sextortion Most Often Targets Teen Boys Via Instagram, According to New Data Understanding Financial Sextortion Financial sextortion is a form of exploitation where perpetrators threaten to share someone’s explicit images unless they are paid a ransom. This crime often begins with "catfishing," where offenders pose as peers to gain the trust of their victims, convincing them to share intimate images. Once the images are in their possession, the perpetrators use them as leverage to extort money from the victims. According...