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Before cryptocurrency it was iTunes giftcards or money transfer services to a 3rd world country. Cryptocurrency is not the only way to transfer money that’s rel
by tinus_hn 5y ago
Before cryptocurrency it was iTunes giftcards or money transfer services to a 3rd world country. Cryptocurrency is not the only way to transfer money that’s relatively hard to trace.
- SavantIdiot 5y agoGood point. But that's a lot of giftcards to transfer $5 million, let alone the $100MM claimed-size of the ransomware market from the article.
- tptacek 5y agoAs the article points out, it's the only way to reliably transfer the 7 figure sums that make large-scale ransomware attacks workable.
- beaner 5y agoMaybe the problem is the internet. Without that, critical infrastructure would not be susceptible to cyberattack.
- tptacek 5y agoWe successfully attacked critical infrastructure before it was connected to the Internet, so perhaps the problem is simply telecommunications. I think it's cryptocurrency, though.
- tinus_hn 5y agoSorry but before cryptocurrency there also were hostage that were freed on payment of millions. For that kind of money life does find a way.