Viewing a single comment thread. View all comments

[deleted] t1_iwgeve3 wrote

All countries need to do this.

Ban Cryptocurrency while they are at it aswell.

8

MisterMcBob t1_iwglnjo wrote

Maybe countries should focus on beefing up their cybersecurity defenses. Ransomware is easy to avoid if you have proper backups.

9

[deleted] t1_iwgmj9t wrote

The problem is that ransomware groups steals data before encrypting them, known as double-extortion, threatening to sel or leak them if the victim dont pay, so backups isnt an complete solution as you might think.

Some even conduct triple extortion attacks, with DDoS attacks on top of the threat of the data leak

11

MisterMcBob t1_iwgmnuq wrote

True but beefier cybersecurity defenses would prevent the attacker from getting access in the first place.

2

[deleted] t1_iwgn3rp wrote

True, I see too many companies who experience cyberattacks, including the largest, multi-billion enterprises, and when I see that, I get so pissed off, by realizing that home users have better security practices than the worlds largest businesses.

Like, its not difficult to secure your business against every attack vector, yet no business bother doing securing all their attack vectors, despite clearly having the resources to do so. It leaves me speechless.

3

Fieos t1_iwgw0pz wrote

Not prevent, reduce the likelihood of an event happening.

3

Not_as_witty_as_u t1_iwhf0cq wrote

How does a backup help? They get the data and threaten to release it.

4

MisterMcBob t1_iwhi19f wrote

With ransomware it encrypts your files and you have to pay to get the key. If you have backups you can just restore to the latest backup before the files were encrypted.

2

atr0s t1_iwijitc wrote

He's got a point though. It only really applies if your business is big enough or controversial enough to be worth blackmailing, but if the attackers are already encrypting your data, they can copy it first and threaten to release it if you aren't going to pay because you have a backup.

1

Buckie188 t1_iwgtqlt wrote

Well this is just dumb. Educate yourself On what cryptocurrency is before you ask for a ban.

−6

[deleted] t1_iwgwm3k wrote

Cryptocurrency has not done anything positive for the world, it uses as much electricity as Greece, it has caused billions in damage, from fraud/scams, malware and like the topic is about, Ransomware, last year US banks paid 1.2 billion dollars in ransom payments.

People have litteraly killed themself after losing money in Crypto, its an scam, an ponzi scheme.

8

Buckie188 t1_iwgztjr wrote

Oh just in case I haven’t stated- you are blatantly wrong.

−5

Buckie188 t1_iwgzri8 wrote

Also all the problems you are putting forward are also found in the regular currency market. If not moreso. I was very much against crypto until I started to educate myself around it.

−8