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So? Are you suggesting banning all money? Crypto has uniquely allowed the huge uptick in ransomware. Before they had to figure out some way to get paid using
by MBCook 11mo ago
So? Are you suggesting banning all money?
Crypto has uniquely allowed the huge uptick in ransomware.
Before they had to figure out some way to get paid using the banking system without getting caught. These days maybe they would be asking for $50 million in iTunes gift cards, I don’t know. But it was a hurdle.
Once Cryptocurrencies started to get well known ransomware embraced it incredibly strongly. A far far more anonymous payment method that any random company or person could pay through?
Seriously. https://static.wixstatic.com/media/9e72ec_52b812bb082b4fdebdcb453d8371ad91~mv2.jpg/v1/fill/w_958,h_601,al_c,q_85,enc_auto/9e72ec_52b812bb082b4fdebdcb453d8371ad91~mv2.jpg https://static.wixstatic.com/media/9e72ec_52b812bb082b4fdebd...
You think that’s just a coincidence? Crypto is a huge driver for the ransomware industry.
- sahila 11mo agoHow does your chart show it increasing with crypto? Bitcoin came out in 2009 and ethereum in 2015, and adoption was far before 2020.
- MBCook 11mo agoSeems I forgot the other chart. https://jdsupra-html-images.s3-us-west-1.amazonaws.com/85dd29a8-7926-499c-95ce-ebd50e14acad-Top-Cryptocurrency-Values.png.aspx https://jdsupra-html-images.s3-us-west-1.amazonaws.com/85dd2... BC was very esoteric in 2010 or 2012. I imagine it would have been impossible for average businesses to actually get the crypto to pay with. By ~2016 that was far easier for your average joe.
- ZeroNietzsche 11mo ago[dead]