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This forces the victim to be even more desperate, and desperate people (and institutions) will do desperate things. Irrespective of laws, what does the extorti
by pugworthy 6y ago
This forces the victim to be even more desperate, and desperate people (and institutions) will do desperate things.
Irrespective of laws, what does the extortionist have to lose? There's always a chance the victim will pay up under the table.
- dodobirdlord 6y agoIf the chance is sufficiently low then the practice becomes unprofitable.
- grugq 6y agoCosts are zero. The ransomware platform runs as a server somewhere, and whether they get one ransom payment or 1000 their costs are the same. The gangs that do the hacking operate on commission, they attempt to phish multiple targets (hundreds, more?) at a time. Again, the cost of one payment is sufficient to justify the entire endeavour. As long as even one victim will pay, then there is no incentive to stop hacking. This dynamic is covered in the literature on K&R. https://rusi.org/publication/occasional-papers/closing-gap-assessing-responses-terrorist-related-kidnap-ransom https://rusi.org/publication/occasional-papers/closing-gap-a...
- dodobirdlord 6y agoCosts are low but not zero. If they were zero then all exploitable ransomware opportunities would already have been exploited. When vulnerabilities are discovered the researchers have the option to publish for reputation, disclose for bounty, or market the vulnerability to criminals or intelligence organizations. If vulnerabilities are sufficiently hard to monetize for criminals then they'll be more likely to get routed somewhere else.