Hacker News new | ask | show | jobs
by foobiekr 1869 days ago
(2) isn’t wrong though. Ransom ware dates to 1989 but the uptick goes hand in hand with the rise of crypto currencies for the obvious reason that you don’t steal what you can’t fence and cryptocurrency has changed the risk and feasibility dramatically.

I’m not saying I support government action here but we should be honest about the situation.

1 comments

How did criminals pull off international blackmail, kidnapping, and extortion before cryptocurrencies? Did it always require a local bagman? Could ransomware criminals not resort to the same tactics?