Has the coming of Bitcoin started a 'Golden Age' of black hat hacking?

Este Nuno

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amarha

Quote from: jaberwock on June 23, 2014, 07:34:42 AM

I think Bitcoin does not start the Golden Age, Hackers are already raking billions before bitcoin was invented through carding, extortion, botnets clicking ads, Identity theft. Before bitcoin was invented they are using liberty reserve.

Yeah, I've read a book about that named Kingpin. Pretty interesting book. But in that book it seemed hackers were making their money by selling databases full of info to the real carders who would take that info and turn it in to the big money.

jaberwock

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I think Bitcoin does not start the Golden Age, Hackers are already raking billions before bitcoin was invented through carding, extortion, botnets clicking ads, Identity theft. Before bitcoin was invented they are using liberty reserve.

rext

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online wallets would be a tasty target for black hats, then cold storage security businesses would rise.

bitsmichel

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Quote from: Este Nuno on June 23, 2014, 07:05:50 AM

With all the hacks over the years I'm wondering how the black hat community thinks about this era with regards to the amount of money that's available for the taking without consequence.

I would imagine it's been a boon to the scene since I can't really imagine a better way for hackers to gain immediate results from their skills. Before I suspect a lot of those black hats dealt mostly in selling information and access to resources such as botnets, but now they can just directly steal value from their targets.

Bitcoin is the perfect incentive for black hats and hopefully and one point we might see some resistance from white hats attempting to protect the community by helping to secure bitcoin businesses before they're hacked. But until that happens we'll probably continue to see sites fall prey to hackers.

I think in a way, it's become easier for them to get money - as it became easier for anyone to get money. I'm not sure if you would call it 'Golden Age', as there have been pretty big digital fiat robberies recently. Resources as information, botnets etc are still being sold (for btc or other things).

Este Nuno

legendary

Activity: 826

Merit: 1000

amarha

With all the hacks over the years I'm wondering how the black hat community thinks about this era with regards to the amount of money that's available for the taking without consequence.

I would imagine it's been a boon to the scene since I can't really imagine a better way for hackers to gain immediate results from their skills. Before I suspect a lot of those black hats dealt mostly in selling information and access to resources such as botnets, but now they can just directly steal value from their targets.

Bitcoin is the perfect incentive for black hats and hopefully and one point we might see some resistance from white hats attempting to protect the community by helping to secure bitcoin businesses before they're hacked. But until that happens we'll probably continue to see sites fall prey to hackers.

Topic: Has the coming of Bitcoin started a 'Golden Age' of black hat hacking? (Read 598 times)