4 ms·
Cryptocurrencies need to be banned to help stop these attacks. If corporations in the West cannot buy the coins legally, they will not be able to pay the ransom
by ArkanExplorer 5y ago
Cryptocurrencies need to be banned to help stop these attacks. If corporations in the West cannot buy the coins legally, they will not be able to pay the ransoms, and the attack frequency and intensity will fall.
On top of that, we'll also reduce electricity and computer chip waste, since mining activity will decrease as the price plummets.
Its a lot harder to justify huge attacks when your payment is in gift cards, compared to semi-anonymous crypto that can be cashed out in your 2nd world country of choice.
- sumedh 5y ago> they will not be able to pay the ransoms Why cant the hackers tell the victims to transfer dollars/ruble to a Russian bank or some other bank in a country which is not friendly to the US?
- likecarter 5y agoBecause then you could directly implicate Russia. Russia Gov is involved, but not publicly.
- sumedh 5y agoWhat is the US going to if it directly implicates Russia?
- pjc50 5y agoFinancial sanctions?
- sumedh 5y agoRussia is already under sanctions, what more can US do?
- kube-system 5y agoIt’s already of dubious legality in some situations, like in the instance that the criminal organization is sanctioned. But, corporations are often not paying these ransoms directly, they hire an intermediary to pay it for them. If the west bans crypto, those intermediaries will just fly an employee to wherever they can send it.
- deleted 5y ago[deleted]
- amelius 5y agoIt should be illegal to pay ransoms, period.
- px43 5y agoHey, maybe instead can we make it illegal to sell shitty software that gets all your customers hacked? The disease is a broken software/security industry, these people taking advantage of the situation are just an inevitable symptom.