Bitcoin and Ransomware Attacks
-
Since a payment made by bitcoin is difficult to trace, ransomware attacks become more frequent. The fact that the value of bitcoin has increased quickly in recent years certainly motivates attackers to do more. If people have no interest in bitcoin trade, do you think the attacks can be reduced?
TOMZ_KV
What do you mean by "bitcoin is criminalized" and how would that reduce something that is already a criminal act?
Peter Wasser "The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts." - Bertrand Russell
-
Tomz_KV wrote:
If bitcoin is criminalized, do you think the attacks can be reduced?
X| Seems you didn't understand the criminal part right?
if(!string.IsNullOrWhiteSpace(_signature))
{
MessageBox.Show("This is my signature: " + Environment.NewLine + _signature);
}
else
{
MessageBox.Show("404-Signature not found");
}HobbyProggy wrote:
Seems you didn't understand the criminal part right?
I read it as the OP meaning if bitcoin were not something you and I could actually pay the ransom with (because it has been outlawed) then these types of attacks would be reduced since normal people couldn't pay the ransom.
There are two kinds of people in the world: those who can extrapolate from incomplete data. There are only 10 types of people in the world, those who understand binary and those who don't.
-
HobbyProggy wrote:
Seems you didn't understand the criminal part right?
I read it as the OP meaning if bitcoin were not something you and I could actually pay the ransom with (because it has been outlawed) then these types of attacks would be reduced since normal people couldn't pay the ransom.
There are two kinds of people in the world: those who can extrapolate from incomplete data. There are only 10 types of people in the world, those who understand binary and those who don't.
-
HobbyProggy wrote:
that would prevent criminals from wanting money from you?
bitcoins
There are two kinds of people in the world: those who can extrapolate from incomplete data. There are only 10 types of people in the world, those who understand binary and those who don't.
-
Since a payment made by bitcoin is difficult to trace, ransomware attacks become more frequent. The fact that the value of bitcoin has increased quickly in recent years certainly motivates attackers to do more. If people have no interest in bitcoin trade, do you think the attacks can be reduced?
TOMZ_KV
No as long as people pay the ransoms it will continue.
Someone's therapist knows all about you!
-
Since a payment made by bitcoin is difficult to trace, ransomware attacks become more frequent. The fact that the value of bitcoin has increased quickly in recent years certainly motivates attackers to do more. If people have no interest in bitcoin trade, do you think the attacks can be reduced?
TOMZ_KV
They'll go back to what they were using before BitCoin. Western Union.
-
hmmm, opinions and speculation on laws, soapbox perhaps?
Signature ready for installation. Please Reboot now.
No, this is Lounge alright. If it starts to lean toward how Bitcoin affects the weather, then it should be soap box. :laugh:
-
Since a payment made by bitcoin is difficult to trace, ransomware attacks become more frequent. The fact that the value of bitcoin has increased quickly in recent years certainly motivates attackers to do more. If people have no interest in bitcoin trade, do you think the attacks can be reduced?
TOMZ_KV
-
Since a payment made by bitcoin is difficult to trace, ransomware attacks become more frequent. The fact that the value of bitcoin has increased quickly in recent years certainly motivates attackers to do more. If people have no interest in bitcoin trade, do you think the attacks can be reduced?
TOMZ_KV
No. Bitcoin is just easier than other ways of payment. Attackers do it because they can, not because method of payment is convenient. There are pre-paid Visa, iTunes cards and several other methods that can and were used before. Mere fact that something CAN be used in malicious way doesn't mean it should be banned... Unless you want to ban all men for example :)
-- "My software never has bugs. It just develops random features."
-
HobbyProggy wrote:
that would prevent criminals from wanting money from you?
bitcoins
There are two kinds of people in the world: those who can extrapolate from incomplete data. There are only 10 types of people in the world, those who understand binary and those who don't.
HappyFestivus wrote:
bitcoins
which is basically money? So would you say that because you are not allowed to hold euros the criminal is bothered by that and would instead of still wanting it from you just stop the attack?
if(!string.IsNullOrWhiteSpace(_signature))
{
MessageBox.Show("This is my signature: " + Environment.NewLine + _signature);
}
else
{
MessageBox.Show("404-Signature not found");
} -
No as long as people pay the ransoms it will continue.
Someone's therapist knows all about you!
-
No. Bitcoin is just easier than other ways of payment. Attackers do it because they can, not because method of payment is convenient. There are pre-paid Visa, iTunes cards and several other methods that can and were used before. Mere fact that something CAN be used in malicious way doesn't mean it should be banned... Unless you want to ban all men for example :)
-- "My software never has bugs. It just develops random features."
-
They'll go back to what they were using before BitCoin. Western Union.
-
F-ES Sitecore wrote:
Western Union.
Money order? The attackers have to give out their mailing address.
TOMZ_KV
Haven't deal with many Nigerian princes, have you? :laugh:
-
Haven't deal with many Nigerian princes, have you? :laugh:
-
Since a payment made by bitcoin is difficult to trace, ransomware attacks become more frequent. The fact that the value of bitcoin has increased quickly in recent years certainly motivates attackers to do more. If people have no interest in bitcoin trade, do you think the attacks can be reduced?
TOMZ_KV
Only a bit, because the criminals want to do there business. X| If the business is easy and sucessful always a lot of criminals are jumping on the train. I guess the bitcoin bubble will end like the "dutch tulip mania" with lost homes and destroyed families. :mad:
Press F1 for help or google it. Greetings from Germany
-
Only a bit, because the criminals want to do there business. X| If the business is easy and sucessful always a lot of criminals are jumping on the train. I guess the bitcoin bubble will end like the "dutch tulip mania" with lost homes and destroyed families. :mad:
Press F1 for help or google it. Greetings from Germany
-
Since a payment made by bitcoin is difficult to trace, ransomware attacks become more frequent. The fact that the value of bitcoin has increased quickly in recent years certainly motivates attackers to do more. If people have no interest in bitcoin trade, do you think the attacks can be reduced?
TOMZ_KV
If people gave up sex, we wouldn't have over-population problems :wtf:
«While I complain of being able to see only a shadow of the past, I may be insensitive to reality as it is now, since I'm not at a stage of development where I'm capable of seeing it.» Claude Levi-Strauss (Tristes Tropiques, 1955)
-
If people gave up sex, we wouldn't have over-population problems :wtf:
«While I complain of being able to see only a shadow of the past, I may be insensitive to reality as it is now, since I'm not at a stage of development where I'm capable of seeing it.» Claude Levi-Strauss (Tristes Tropiques, 1955)
-
Well, if bitcoins weren't worth anything, the attacks would still continue, the method has shown to be profitable. Instead they would demand whatever next hard to track currency is available... like USD sent to a compromised foreign account.