It's possible in some stores in some countries to register an USB wifi device to a random address.
When done, the criminal could go on with his live CD launched MAC altered laptop and lock in himself in the public toilet of a large train station and start his ransom over additional anonymous VPN protection.
Selling bitcoins is easy for criminals too, mixer then localbitcoins.
This is how a criminal can get away with his ransom and this is one valid point how bitcoin gets his reputation straight into the hell.
Topic: Ransom Paid In Bitcoin (Read 1641 times)
I'd like to know how the criminals got away with the ransom. Did they use a mixer, or what? Even if they did, it should be possible to find, at least, the IP address they used in the transaction to the mixer.
IP can be masked pretty easily, with plenty of tools, so it's a bit pointless to know it, they can even do it via mobile and attach their phone to a wifi with some sort of a proxy, then change location
you don't even need a mixer in that case, they may force you to split the stolen sum into multiple addresses
I'd like to know how the criminals got away with the ransom. Did they use a mixer, or what? Even if they did, it should be possible to find, at least, the IP address they used in the transaction to the mixer.
Yeah it would be pretty much mission impossible to guess the actual criminals after a couple of mixing. You could put the wrong people in jail so it's pointless. Actually after just putting the coins inside a exchange and moving them back it's pretty much impossible, it would a lot of people
I remember the discussion I had with a merchant, who was looking forward to accepting Bitcoins as a mode of payment. He asked me how he could identify the "tainted" coins, and thereby reject the payment. Unfortunately, I didn't knew the answer. I don't know what happened in the end. Probably he shelved the idea, fearing that he will face legal action as a result of getting these tainted coins.
How can you be sure that money you are receiving are not obtained by fraudulent methods? Yes! You can't be sure! So rejecting bitcoin acceptance just because there is possibility of 'tainted coin's is pretty dumb imo.
Yeah, ideally, there shouldn't be "tainted" coins, because it breaks fungibility. The origin of the Bitcoins shouldn't matter, otherwise it would be a big mess, but I can understand the concern. This is the problem of a public ledger.
Yeah it would be pretty much mission impossible to guess the actual criminals after a couple of mixing. You could put the wrong people in jail so it's pointless. Actually after just putting the coins inside a exchange and moving them back it's pretty much impossible, it would a lot of people
I remember the discussion I had with a merchant, who was looking forward to accepting Bitcoins as a mode of payment. He asked me how he could identify the "tainted" coins, and thereby reject the payment. Unfortunately, I didn't knew the answer. I don't know what happened in the end. Probably he shelved the idea, fearing that he will face legal action as a result of getting these tainted coins.
How can you be sure that money you are receiving are not obtained by fraudulent methods? Yes! You can't be sure! So rejecting bitcoin acceptance just because there is possibility of 'tainted coin's is pretty dumb imo.
Yeah it would be pretty much mission impossible to guess the actual criminals after a couple of mixing. You could put the wrong people in jail so it's pointless. Actually after just putting the coins inside a exchange and moving them back it's pretty much impossible, it would a lot of people
I remember the discussion I had with a merchant, who was looking forward to accepting Bitcoins as a mode of payment. He asked me how he could identify the "tainted" coins, and thereby reject the payment. Unfortunately, I didn't knew the answer. I don't know what happened in the end. Probably he shelved the idea, fearing that he will face legal action as a result of getting these tainted coins.
This is one of the downsides in BTC. Coins are quite hard to chase and to match up to the owners meaning people can often get away with doing anything. The hackers could easily use a mixer to 'hide' the 'tainted' coins and then use a few exchanges and gambling sites to clean the coins. Eventually there'd be no concrete evidence who the extortionists are...
Yeah it would be pretty much mission impossible to guess the actual criminals after a couple of mixing. You could put the wrong people in jail so it's pointless. Actually after just putting the coins inside a exchange and moving them back it's pretty much impossible, it would a lot of people
This is one of the downsides in BTC. Coins are quite hard to chase and to match up to the owners meaning people can often get away with doing anything. The hackers could easily use a mixer to 'hide' the 'tainted' coins and then use a few exchanges and gambling sites to clean the coins. Eventually there'd be no concrete evidence who the extortionists are...
Lots of things are getting used by criminals. Would you believe criminals use guns? They even use cars. Some of them even eat bread.
Exactly. Some of the new clones of cryptolocker are using Moneypak and QIWI wallet to accept ransom payments, and for money laundering. Earlier they were using options such as Liberty Reserve. If we ban Bitcoin claiming that it is being misused by the criminals, then they'll just discover a new method, which can't be banned.
i always find these kind of news of bad taste. when something like this is spread around in news about bitcoin it makes it look like a currency that is only used by criminals to someone who doesn't know about bitcoin.
Lots of things are getting used by criminals. Would you believe criminals use guns? They even use cars. Some of them even eat bread.
Sorry but this is more like BS news.
"Multinational" company with hidden name ONLY pay thousands of dollars to hackers?
LOL sounds more like small business.
It may or may not be BS, however the premise of the story is believable. The fact that Bitcoin is very hard to trace makes it attractive for these kinds of crimes. "Multinational" company with hidden name ONLY pay thousands of dollars to hackers?
LOL sounds more like small business.
At first glance, this sounds a lot like ransomeware that has been around for years, however after closer examination, it appears that the attacker was likely closer related to someone at the company.
This is sad but inevitable. I don't believe bitcoin itself has anything to do with the decision to hack, it just makes collecting the money easier. I am sure that there are other ways to transfer money. This should be (another) wake up call for businesses to shore up their security against these attacks.
Sure there are alot of other ways to transfer money, but only Bitcoin provides quick and anonymous transactions to a computer. So, without Bitcoin these script kiddies would not be in the extortion business I am sure.
they didn't say it but is this another story about sospicious email with an exe file where they clicked on it like dumb fishes?
because the fault it's only in their hand, and has nothing to do with bitcoin, it is just more convenient to use ask it for hacker to pay in that way because, more trouble can rise for tracking it back
because the fault it's only in their hand, and has nothing to do with bitcoin, it is just more convenient to use ask it for hacker to pay in that way because, more trouble can rise for tracking it back
I can't beilieve that people still fall for that exe trick. I only use software from trusted sources and everything is scanned just in case. It might be a matter of education: maybe the average person has no idea that you can get a virus this way. I know it sounds absurd but I think it is the case. Maybe we need PSA's about computer safety and not the ridiculous ones about cigarettes.
And no I am not saying that ciggies are not a health problem but many of the commercials are over the top ridiculous.
I can't beilieve that people still fall for that exe trick. I only use software from trusted sources and everything is scanned just in case. It might be a matter of education: maybe the average person has no idea that you can get a virus this way. I know it sounds absurd but I think it is the case. Maybe we need PSA's about computer safety and not the ridiculous ones about cigarettes.
I don't know much about this new trojan, but I have heard that the original cryptolocker trojan used to camouflage itself as a Java update. Even experienced users had great difficulty in differentiating it from the real Java update. And among the various antivirus suites available, only the Kaspersky Internet Security was able to identify them (in the initial phases).
they didn't say it but is this another story about sospicious email with an exe file where they clicked on it like dumb fishes?
because the fault it's only in their hand, and has nothing to do with bitcoin, it is just more convenient to use ask it for hacker to pay in that way because, more trouble can rise for tracking it back
because the fault it's only in their hand, and has nothing to do with bitcoin, it is just more convenient to use ask it for hacker to pay in that way because, more trouble can rise for tracking it back
I can't beilieve that people still fall for that exe trick. I only use software from trusted sources and everything is scanned just in case. It might be a matter of education: maybe the average person has no idea that you can get a virus this way. I know it sounds absurd but I think it is the case. Maybe we need PSA's about computer safety and not the ridiculous ones about cigarettes.
And no I am not saying that ciggies are not a health problem but many of the commercials are over the top ridiculous.
When the company refused a further larger ransom demand and contacted police, hackers then “profiled a senior member of the organisation, identified their family and threatened to discredit members of his family through online attacks particularly targeting a child”, police said.
Isn't that a risk with any company in the world ? I don't think they should give in to that, specially because its easy to look up a lot of people based on the name. Most of them have FB and Linkedin accounts.
Multinational firm paid ransom in bitcoins to hackers who broke into systems
The company, which police refused to identify, paid the hackers an initial ransom worth thousands of dollars after its computer system was hacked and sensitive data stolen earlier this year.
The company, which police refused to identify, paid the hackers an initial ransom worth thousands of dollars after its computer system was hacked and sensitive data stolen earlier this year.
My question is "Is this a big company?" Why this hacker only ask for a low ransom with the sensitive data that they steal. I guess this hacker is the foolish one to ask so low ransom to this multinational company. Or may be this is just some kind if ads that will help their company so people will know more about this company
Every "ecosystem" has scammers so... I wonder why they paid. Was it cryptolocker type scam?
According to the United States Department of Justice, they took down the cryptolocker last year. They even arrested a few people, who were thought to be behind this trojan. Now it seems that at least some of the cryptolocker guys are active, and they are continuing their activity in the form of various clones.
I bet some Anti-Bitcoin people are behind these sort of attacks and they're doing this to make Bitcoin look bad and give it bad publicity so that governments around the world ban using it and/or impose more restrictions on it.
I know that bitcoins are not to be blamed here but if the agencies keep facing these issues, like it has happened before and they have to pay ransoms to protect people/companies I fear they will resort to putting harder laws on trading/using bitcoins.
I know that bitcoins are not to be blamed here but if the agencies keep facing these issues, like it has happened before and they have to pay ransoms to protect people/companies I fear they will resort to putting harder laws on trading/using bitcoins.
i always find these kind of news of bad taste. when something like this is spread around in news about bitcoin it makes it look like a currency that is only used by criminals to someone who doesn't know about bitcoin.
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