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I wonder what the impact will be on ransomware attacks. It'll probably make it harder for people who aren't in "bullet-proof" countries (i.e. without good coop

I wonder what the impact will be on ransomware attacks. It'll probably make it harder for people who aren't in "bullet-proof" countries (i.e. without good cooperation with to receive ransom payment, which sounds like a good thing. It could also cause some decidedly negative effects during the transition, when companies that really want to pay a ransom (because they cannot recover otherwise) are unable to.

amarcheschi 1y ago
As of now paying for a ransomware in btc is still quite hard, at least in europe. A person i know works in an art/craft company - so not tech - and the boss faced a hard time to pay 40k€ in btc for a ransomware a few months ago, since many of the transfers were blocked and had to pass through a middle man. the backup they had was last done months earlier, i don't know if its their fault or their security company's fault but i guess in the future they'll gladly pay more for working backups
reginald78 1y ago
My understanding is most ransoms are already paid in bitcoin. (or some other public ledger coin?) Privacy coins would probably be preferable for criminals to receive but they aren't as easy to purchase as bitcoin which I'd imagine significantly reduces the likelihood they get paid at all. Since most of these ransomware groups are hosted in countries with uncooperative governments the public ledger isn't really an impediment anyway.
BobaFloutist 1y ago
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