A former Credit Suisse CEO is seeking advice from cybersecurity experts after being blackmailed via social media.

Credit Suisse’s former CEO Tidjane Thiam has been the target of an extortion attempt on Instagram for the second time, according to a post on his Instagram account.

«I have pressed charges with the relevant authorities for use of false identity and blackmail,» the former bank CEO said. The two people, who blackmailed Thiam the first time around, have been indicted, he added.

Tidj 650

From Credit Suisse to Hollywood

Thiam served as CEO of Credit Suisse between 2015 and 2020. The bank is now in the process of being taken over by arch-rival UBS. In a recent guest article for the «FT,» Thiam gave himself a good report card for his tenure as CEO while distancing himself from the bank's failures and subsequent downfall.

After leaving Credit Suisse in early 2020 over an espionage scandal, Thiam turned his back on the banking industry and embarked on various endeavors from investing in shell companies known as Spacs to taking part in a Hollywood film project.