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Thursday, April 01, 2021

Bitcoin Aiding Ransomware

 Fairly obvious.   Had a discussion with a government employee early on about bitcoin, who asked "How will we track criminal activity'?

Bitcoin Is Aiding the Ransomware Industry

We are living in a world where the second-order effects of permissionless money – like the greater use of ransomware – are already evident.   By Boaz Sobrado

What do the smart watch maker Garmin, the Israeli insurer Shirbit, the electronics manufacturer Foxconn, Pennsylvania’s Delaware county, the foreign exchange company Travelex, the alcohol producer Campari and the Baltimore Public School system have in common? 

They were all hit by ransomware attacks in the last year.   ... "

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