Bitcoin Forum
May 08, 2024, 09:25:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-03-04] Why Bitcoin is Not the Root Cause of Ransomware  (Read 322 times)
shane (OP)
Hero Member
*****
Offline Offline

Activity: 756
Merit: 503



View Profile
March 06, 2016, 01:19:42 AM
 #1

Most types of ransomware software "lock" the files on a victim's computer by encrypting them with a key that the hackers withhold until a ransom payment is made. In the early days of these tools, payment was typically made with wire transfer, prepaid cards or by SMS and mobile payments.

Now payment is almost always demanded in bitcoin.

http://www.coindesk.com/bitcoin-root-cause-ransomware/

          ▄▄██████▄▄
      ╓▄███▀▄▄▄▄▄▄▀███▄╖
   ▄███▀▀≈╜▀▀▀▀▀▀▀▀╙≈▀▀███▄
 ▄██▀▄▓▀▄██▀╜    ╙▀██▄▀▓▄▀██▄
▐██,██║N▀`          '▀N║██ ██▌
██╜██╜╗                ╔╙██╙██
▐█▌█║                ║█µ▓▐█▌
▐█▌ ▐█║                ║█▌ ▐█▌
▐█▌▐╗█║                ║█╔▌▐█▌
██║▐█▄",              ,"▄█▌║██
▐██ ▀██½█▄▄        ▄▄█½██▀╓██▌
 ▀██▓▄▀▀╥▀▀▀      ▀▀▀╥▀▀▄▓██▀
   ▀▀███▓▄ª▀██████▀Q▄▓███▀▀
      ╙▀▀██▓▄▄▄▄▄▄███▀▀╜
           ▀▀▀▀▀▀▀▀



     ▄▄▄▄▄▄       ▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄▄   ▄       ▄▄        ▄▄    ▄▄▄▄  ▄▄▄▄      ,▄▄▄
  ▄███▀▀▀▀███▄  ▄██▀▀▀██  ▄██████████   ███     ▐██▄       ██▌   █████  ▀███    ▄███▀
 ▐██▀      ▀██▌▐█▀        ██▀          █████    ▐████╗     ██▌           ╙▀█▀ ,███▀
 ██▌        ▐██           ██▄▄▄▄▄▄▄   ███ ███   ▐██▀██▄    ██▌   ▄▄▄▄▄▄▄   ╙ ╔███"
▐██          ██▌          ████████   ███   ███  ▐██ `▀██▄  ██▌   ███████▀   ▄███,
 ██▌        ▐██           ██        ███     ██▌ ▐██   ╙███╗██▌            ,██████▄
 ▐██▄      ▄██▌▐█▄        ██▄      ███       █▌ ▐██     ╙████▌           ╔███  ▀██▄
  ▀███▄▄▄▄███▀  ▀██▄▄▄██  ▀█████  ███           ▐██       ▀██▌   █████  ▄██▌    ▀███▄
     ▀▀▀▀▀▀       ▀▀▀▀▀     ▀▀▀  ▀▀▀             ▀▀        ▀▀    ▀▀▀▀  ▀▀▀"      "▀▀▀
.
.
.
.



The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715203510
Hero Member
*
Offline Offline

Posts: 1715203510

View Profile Personal Message (Offline)

Ignore
1715203510
Reply with quote  #2

1715203510
Report to moderator
1715203510
Hero Member
*
Offline Offline

Posts: 1715203510

View Profile Personal Message (Offline)

Ignore
1715203510
Reply with quote  #2

1715203510
Report to moderator
aso118
Legendary
*
Offline Offline

Activity: 1918
Merit: 1012


★Nitrogensports.eu★


View Profile
March 06, 2016, 07:22:45 AM
 #2

Most types of ransomware software "lock" the files on a victim's computer by encrypting them with a key that the hackers withhold until a ransom payment is made. In the early days of these tools, payment was typically made with wire transfer, prepaid cards or by SMS and mobile payments.

Now payment is almost always demanded in bitcoin.

http://www.coindesk.com/bitcoin-root-cause-ransomware/

An article which is bang on. When ransomware has been around for more than 25 years, why blame Bitcoin?
It is just that the mainstream media emphasizes the bitcoin part of the whole ransomware story, not focusing on the lax security practices of the computer users.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!