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These kind of hacks were not possible before Bitcoin and the trend clearly just started. I don’t think it’ll be one hack every 20 years if they don’t fix their
by csomar 6y ago
These kind of hacks were not possible before Bitcoin and the trend clearly just started. I don’t think it’ll be one hack every 20 years if they don’t fix their security.
- jacquesm 6y agoFair point, the frequency will probably go up. Also, they are now on the records as being (a) not capable of keeping their stuff secure and (b) willing and able to pay up which is blood in the water for the sharks.
- LunaSea 6y agoAren't scammers using Apple gift cards? Bitcoin isn't the issue here. When you have the pressure on the target, you can make the pay in whatever currency you'd like and there will always be one.
- csomar 6y agoIt's much harder to launder $100mn with gift cards. That's easy with Bitcoin.
- Nasrudith 6y agoTo be pendantic technically they were before and likely easier (unless they didn't have their records computerized but universities were early adopters there) but there wasn't much of a point in doing so. Grade tampering would be far more likely. The black hat hacker "ecosystem" has also professionalized from doing it for kicks to doing it for the dough.