Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • World
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse
Code Project
  1. Home
  2. The Lounge
  3. Bitcoin and Ransomware Attacks

Bitcoin and Ransomware Attacks

Scheduled Pinned Locked Moved The Lounge
debuggingquestion
28 Posts 11 Posters 0 Views 1 Watching
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • T 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

    M Offline
    M Offline
    Mike Hankey
    wrote on last edited by
    #8

    No as long as people pay the ransoms it will continue.

    Someone's therapist knows all about you!

    T 1 Reply Last reply
    0
    • T 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

      F Offline
      F Offline
      F ES Sitecore
      wrote on last edited by
      #9

      They'll go back to what they were using before BitCoin. Western Union.

      T 1 Reply Last reply
      0
      • L Lost User

        hmmm, opinions and speculation on laws, soapbox perhaps?

        Signature ready for installation. Please Reboot now.

        S Offline
        S Offline
        Slacker007
        wrote on last edited by
        #10

        No, this is Lounge alright. If it starts to lean toward how Bitcoin affects the weather, then it should be soap box. :laugh:

        T 1 Reply Last reply
        0
        • T 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

          R Offline
          R Offline
          RJOberg
          wrote on last edited by
          #11

          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.

          T 1 Reply Last reply
          0
          • T 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

            D Offline
            D Offline
            Deflinek
            wrote on last edited by
            #12

            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."

            T 1 Reply Last reply
            0
            • Z ZurdoDev

              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.

              H Offline
              H Offline
              HobbyProggy
              wrote on last edited by
              #13

              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?

              Rules for the FOSW ![^]

              if(!string.IsNullOrWhiteSpace(_signature))
              {
              MessageBox.Show("This is my signature: " + Environment.NewLine + _signature);
              }
              else
              {
              MessageBox.Show("404-Signature not found");
              }

              Z 1 Reply Last reply
              0
              • M Mike Hankey

                No as long as people pay the ransoms it will continue.

                Someone's therapist knows all about you!

                T Offline
                T Offline
                Tomz_KV
                wrote on last edited by
                #14

                Money payment (non-bitcoin) has to go through banks. with all the transaction records available, it is hard to believe that attackers do not get caught.

                TOMZ_KV

                1 Reply Last reply
                0
                • D Deflinek

                  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."

                  T Offline
                  T Offline
                  Tomz_KV
                  wrote on last edited by
                  #15

                  Good points.

                  TOMZ_KV

                  1 Reply Last reply
                  0
                  • F F ES Sitecore

                    They'll go back to what they were using before BitCoin. Western Union.

                    T Offline
                    T Offline
                    Tomz_KV
                    wrote on last edited by
                    #16

                    F-ES Sitecore wrote:

                    Western Union.

                    Money order? The attackers have to give out their mailing address.

                    TOMZ_KV

                    F 1 Reply Last reply
                    0
                    • T Tomz_KV

                      F-ES Sitecore wrote:

                      Western Union.

                      Money order? The attackers have to give out their mailing address.

                      TOMZ_KV

                      F Offline
                      F Offline
                      F ES Sitecore
                      wrote on last edited by
                      #17

                      Haven't deal with many Nigerian princes, have you? :laugh:

                      T 1 Reply Last reply
                      0
                      • F F ES Sitecore

                        Haven't deal with many Nigerian princes, have you? :laugh:

                        T Offline
                        T Offline
                        Tomz_KV
                        wrote on last edited by
                        #18

                        Have not. But I do have a number of emails asking me to claim huge amount of money left by my deceased great great aunt. Need to act quickly.

                        TOMZ_KV

                        1 Reply Last reply
                        0
                        • T 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

                          K Offline
                          K Offline
                          KarstenK
                          wrote on last edited by
                          #19

                          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

                          T 1 Reply Last reply
                          0
                          • K KarstenK

                            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

                            T Offline
                            T Offline
                            Tomz_KV
                            wrote on last edited by
                            #20

                            KarstenK wrote:

                            I guess the bitcoin bubble will end like the "dutch tulip mania" with lost homes and destroyed families.

                            Hope you are right about bitcoin bubble. It at least eliminates a convenient payment for attackers.

                            TOMZ_KV

                            1 Reply Last reply
                            0
                            • T 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

                              B Offline
                              B Offline
                              BillWoodruff
                              wrote on last edited by
                              #21

                              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)

                              T 1 Reply Last reply
                              0
                              • B BillWoodruff

                                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)

                                T Offline
                                T Offline
                                Tomz_KV
                                wrote on last edited by
                                #22

                                Do not forget tube baby or Dolly the Sheep. :laugh:

                                TOMZ_KV

                                1 Reply Last reply
                                0
                                • R RJOberg

                                  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.

                                  T Offline
                                  T Offline
                                  Tomz_KV
                                  wrote on last edited by
                                  #23

                                  RJOberg wrote:

                                  .. like USD sent to a compromised foreign account.

                                  I sometimes wonder how could they not get caught since all transactions go through banks including the foreign account unless that foreign country supports the attackers.

                                  TOMZ_KV

                                  1 Reply Last reply
                                  0
                                  • S Slacker007

                                    No, this is Lounge alright. If it starts to lean toward how Bitcoin affects the weather, then it should be soap box. :laugh:

                                    T Offline
                                    T Offline
                                    Tomz_KV
                                    wrote on last edited by
                                    #24

                                    Sorry. I revised the post to avoid "soap".

                                    TOMZ_KV

                                    1 Reply Last reply
                                    0
                                    • H HobbyProggy

                                      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?

                                      Rules for the FOSW ![^]

                                      if(!string.IsNullOrWhiteSpace(_signature))
                                      {
                                      MessageBox.Show("This is my signature: " + Environment.NewLine + _signature);
                                      }
                                      else
                                      {
                                      MessageBox.Show("404-Signature not found");
                                      }

                                      Z Offline
                                      Z Offline
                                      ZurdoDev
                                      wrote on last edited by
                                      #25

                                      No, and I don't think OP is saying that. I think OP is saying that they would stop demanding euros.

                                      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.

                                      H 1 Reply Last reply
                                      0
                                      • Z ZurdoDev

                                        No, and I don't think OP is saying that. I think OP is saying that they would stop demanding euros.

                                        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.

                                        H Offline
                                        H Offline
                                        HobbyProggy
                                        wrote on last edited by
                                        #26

                                        Which does not solve the root cause. Sounds like easy programming style, instead of fixing the root cause we just put a patch on it so they need to find another way to break the system. Banning is not always the best option.

                                        Rules for the FOSW ![^]

                                        if(!string.IsNullOrWhiteSpace(_signature))
                                        {
                                        MessageBox.Show("This is my signature: " + Environment.NewLine + _signature);
                                        }
                                        else
                                        {
                                        MessageBox.Show("404-Signature not found");
                                        }

                                        Z 1 Reply Last reply
                                        0
                                        • H HobbyProggy

                                          Which does not solve the root cause. Sounds like easy programming style, instead of fixing the root cause we just put a patch on it so they need to find another way to break the system. Banning is not always the best option.

                                          Rules for the FOSW ![^]

                                          if(!string.IsNullOrWhiteSpace(_signature))
                                          {
                                          MessageBox.Show("This is my signature: " + Environment.NewLine + _signature);
                                          }
                                          else
                                          {
                                          MessageBox.Show("404-Signature not found");
                                          }

                                          Z Offline
                                          Z Offline
                                          ZurdoDev
                                          wrote on last edited by
                                          #27

                                          Agreed.

                                          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.

                                          H 1 Reply Last reply
                                          0
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • World
                                          • Users
                                          • Groups