Re:The ransomware surge
by RcouF1uZ4gsC on Friday April 30, 2021 @03:50PM
(#26998415)
Dollars are a little different in that transferring large amounts anonymously is hard.
Collecting the ransom is probably the point of highest vulnerability and that is something law enforcement agencies like the FBI have used to catch kidnappers.
However, with cryptocurrency, that vulnerability is mitigated a lot, and that completely changes the dynamics.
There is a reason, the ransomware attackers aren't demanding suitcases of cash at pre-ordained meeting sites.
Collecting the ransom is probably the point of highest vulnerability and that is something law enforcement agencies like the FBI have used to catch kidnappers.
However, with cryptocurrency, that vulnerability is mitigated a lot, and that completely changes the dynamics.
There is a reason, the ransomware attackers aren't demanding suitcases of cash at pre-ordained meeting sites.