Topic: RANSOMWARE impact - page 13. (Read 12377 times)
We all know that bitcoin has been used for ilegal activity and also mainstream media always spread negative rumors about bitcoin so for those reasons i think it's not a big deal for the bitcoin because this is not the first time we've passed this situation however. Anyway I'm watching our local news channel that showing ransomware attack a hospitals database in my city which is very cruel and i was like ok this is not bitcoin's fault but i'm just wondering why not monero i mean it's untraceable crypto and more safe than bitcoin well at least more people knew it and it such a free advertisment for the bitcoin.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
Surprisingly Bitcoin has only been a footnote in all of the articles I have read so far regarding this latest attack. BTC has come a long way since past negative incidents that have happened and media used the time to demonize BTC. I think it has to do with it being much more widely accepted these days.
The main story should be about the NSA exploits and data being leaked that helped the hackers develop this version of ransomware. Also the fact that there are so many vulnerabilities to be exploited in our Operating Systems is pretty damn scary.
Question with this ransomware, is this limited to those who are known to be users of Bitcoins or this ransomware attack can happen to anyone. Is there a way to at least see if what you are downloading online includes a ransomware. Is there a way to at least avoid this like activating or deactivatikn some function in your OS.
yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
If a government gets its systems infected, they are doing something horribly wrong. Even more precise, I know certain local government departments where they still happen to run WIN XP on their systems -- how dumb is that? Main reason is that they try to cut costs as much as possible. And the government isn't the only entity using old and unsafe software to cut costs -- it's a wide spread problem that effects the business economy as well.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
Bitcoin will always fall not because of the ransomware fiasco that we have right now but because of correction for its recent increase in price. With the news and articles that I read about ransomware, it is very noticeable that the blame is currently on NSA and not on BTC as a mode of payment for it. People are already aware that BTC can be used in many criminal acts but they can't do anything about it. The solution that they should be looking at is how to increase the security of their PCs (including briefing their employees about cybersecurity) and patch all the vulnerabilities that they discovered in Windows OS.
The whole blame story revolves around NSA and not on bitcoin. Bitcoin was just a source to collect the Ransomware money. I believe Bitcoin reputation wont be much hurt by this incident as bitcoin is not directly involved in this event of security lag. The vulnerability of windows OS always exists and no matter how much update to date patched you have, Hackers are always one step ahead to breach the codes.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
Bitcoin will not fail due to ransomware just as the US dollar or other Fiat currencies do not fail because people use it for illicit purposes. A currency at the end of the day government regulated or self-created and monitored is just that a means of exchange. What people do with an exchange will never be banned.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
There should not be any effect on bitcoin as it is just another currency. What did such criminals used before bitcoins, yes fiat !But maybe the governments won't think like this, can't say.
Every coin has two sides and it depends on the people how they use it.
i Agree Completely. No currency can be held responsible for the actions people take while using it. just like weapons cant be held responsible for the deaths they have been used to cause. or lamps being held responsible for the epileptic seizures cause by them when someone hits the switch on and off 20 straight times with an epileptic in the room. people aren't going to stop using bitcoin because certain other people use it for bad ends. inanimate objects are neither good nor evil. They are simply used by people who are either good or evil. I mean, would you up and decide to never use a toilet again because someone once drowned a child by forcing there head in a toilet and holding them down? no. because you realize that the toilet didnt kill the kid but the evil person did and you would be really tired of wiping with leaves (possibly poison ivy) within a week at max and would rush back to the toilet.
I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act
There should not be any effect on bitcoin as it is just another currency. What did such criminals used before bitcoins, yes fiat !But maybe the governments won't think like this, can't say.
Every coin has two sides and it depends on the people how they use it.
Nah, the mainstream media has made surprisingly little mention of Bitcoin in their reporting of the ransomware attacks and it doesn't matter - it's just another crime that people can commit with Bitcoin if they want to. Bitcoin isn't even the best thing to use for these attacks - Monero and other anonymous alts would ultimately be much better choices. If anything, the price will go up because of people buying Bitcoin to pay their ransoms 
I concur. Of course, Bitcoin can be used by anyone and for any kind of transaction and yes somehow it makes it more convenient for hackers to do their job because they can now use Bitcoin and maybe get away with the transaction. But am sure that soon we can find a way to stop these bad people from using Bitcoin. There should be a way for these hackers to be trace so they can be discouraged from using Bitcoin for illegal acts.
Anonymity is one of the reason why the hacker selects bitcoins to be their ransom payments and they will be cover up by this since bitcoins are pretty anonymous and they can also use some mixer service so that they can be more hidden on this. And actually i can't see some point on why it has great effect on bitcoins since we already see some event like this and mostly the scenario happens is the dumping of their coins what they have so where is the great on that?
Nah, the mainstream media has made surprisingly little mention of Bitcoin in their reporting of the ransomware attacks and it doesn't matter - it's just another crime that people can commit with Bitcoin if they want to. Bitcoin isn't even the best thing to use for these attacks - Monero and other anonymous alts would ultimately be much better choices. If anything, the price will go up because of people buying Bitcoin to pay their ransoms
I concur. Of course, Bitcoin can be used by anyone and for any kind of transaction and yes somehow it makes it more convenient for hackers to do their job because they can now use Bitcoin and maybe get away with the transaction. But am sure that soon we can find a way to stop these bad people from using Bitcoin. There should be a way for these hackers to be trace so they can be discouraged from using Bitcoin for illegal acts.
legendary
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Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.
yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
The fault was in the people who made and leaked this virus, because it obviously isn't home-made, Bitcoin is just a tool they are using to help their scheme not the cause.
This is one of the true use cases of crypto: where fiat can hardly go. That said, bitcoin is a bit too transparent for this kind of activity. They should have used an obfuscated chain, not a transparent one, because if they are not very, very careful, the coins will be traced to some point.
taking ransom is something that has been happening ever since Middle Ages and with a lot of different requests, money, property, etc in return.
ransomware has been around for a while (1989) and it also has been asking for many different things. these include but restricted to wire transfers, premium-rate text messages, pre-paid voucher services such as Paysafecard.
ever since 2016 it has started asking for bitcoin also more.
now if you think this can bring down bitcoin, the decentralized cryptocurrency, then you don't know nothing about it
p.s. don't worry they soon will move on to Monero.
ransomware has been around for a while (1989) and it also has been asking for many different things. these include but restricted to wire transfers, premium-rate text messages, pre-paid voucher services such as Paysafecard.
ever since 2016 it has started asking for bitcoin also more.
now if you think this can bring down bitcoin, the decentralized cryptocurrency, then you don't know nothing about it
p.s. don't worry they soon will move on to Monero.
Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.
yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
The fault was in the people who made and leaked this virus, because it obviously isn't home-made, Bitcoin is just a tool they are using to help their scheme not the cause.
Actually $300 worth of BTC is the 'bargain' price and it keeps rising as time drags on until it reaches $600 worth of BTC. If they still don't pay the virus deletes the encrypted files permanently. At least according to this article: https://apnews.com/770946e7df454d2e9acda3bdbd3ed425/Unprecedented-global-'ransomware'-attack-seeks-cash-for-data
Quote
The attack held hospitals and other entities hostage by freezing computers, encrypting data and demanding money through online bitcoin payments. But it appears to be “low-level” stuff, Eisen said Saturday, given the amount of ransom demanded — $300 at first, rising to $600 before it destroys files hours later.
legendary
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Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I believed that ransomware is not going to destroy bitcoin but going to decrease the reputation, the anonymity feature from bitcoin is not supposed to be used like this, but some people just like to used it for a wrong reasons, and actually it is not the bitcoin fault, fiat also being used for ransomware, but the media like to exposed it liked bitcoin was created to support bad thing
This ransomware exists not to destroy bitcoin but to extort people, but unfortunately, the extortion demands to be paid in form of bitcoin in the mentioned address by the creators. The news are now spreading over this world and could potentially make bitcoin bad.The official government of my country already make a warning in regard to this matter probably because it's already spreading in my country, once a computer of an organisation is infected, it'll infect other computers which connected. Well, there's nothing we can do about it though except be more careful.
Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.
yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
The fault was in the people who made and leaked this virus, because it obviously isn't home-made, Bitcoin is just a tool they are using to help their scheme not the cause.
Highly visible shit like this, will be used by governments to regulate and/or outlaw crypto, and stops normal people from touching crypto
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
THIS IS VERY BAD
I would not be surprised if the recent -10% move is connected with Wannacry.
Nah. The price was (still is) overbought. It's normal to see the price drop if you take into consideration that people are cashing out, plus the fact that there is a poor level of buy support throughout the entire market at these levels. I personally don't give a single damn about the wave of ransomware infections, and others shouldn't too if they take care of their system security properly.
yea, but this ransomware spread is hitting government PC instance.
sure we, who aware such PC security won't take this issue serious, but imagine of a govn. instance with all public data got this on their server.
The fault was in the people who made and leaked this virus, because it obviously isn't home-made, Bitcoin is just a tool they are using to help their scheme not the cause.
I believed that ransomware is not going to destroy bitcoin but going to decrease the reputation, the anonymity feature from bitcoin is not supposed to be used like this, but some people just like to used it for a wrong reasons, and actually it is not the bitcoin fault, fiat also being used for ransomware, but the media like to exposed it liked bitcoin was created to support bad thing
I think that is putting BTC in bad light at purpose.
Some people want deomize BTC and they are using dirty moves.
Sadly not many point that all was because governments were using hack and didn't helped block security holes.
Some people want deomize BTC and they are using dirty moves.
Sadly not many point that all was because governments were using hack and didn't helped block security holes.
I believe the last cyber attack has damaged a lot the reputation of bitcoin, and this were always this way people do their acts and then ask for bitcoin, i remember a project that has been hacked and they asked bitcoins as well, soo this is already happening, all need to raise the security level to avoid be catched in the middle.
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