"It was inevitable that we would reach a point where one of these attacks would have significant economic damage," Dmitri Alperovitch, the executive chairman at Silverado Policy Accelerator and a former CTO of CrowdStrike, said.
"Many of these ransom operations are more about extortion than ransomware where they will steal data -- typically emails -- and threaten their release and try to embarrass companies and hopefully find -- from their perspective -- find something that these companies will really want to keep quiet, whether it's intellectual property or information on customers," Alperovitch said,"and that would increase the likelihood of actually getting ransom.
"We have seen a huge explosion in ransomware cases in the last 10 years and really coincides with the development of cryptocurrency," he explained."Before we had cryptocurrency there was really no way that these criminal groups could get ransoms in a pseudo-anonymous way that wouldn't be tracked back to them. Bitcoin and other cryptocurrencies have given them that opportunity.
"We need to strengthen the system by properly funding system to develop their own inherent capabilities and expertise if a situation like this arises again," he explained."It is absolutely a road map for enemies and adversaries to potentially carry out a devastating blow against our critical infrastructure and really damage not only our economy, but lead to injury or potentially loss of life," he explained."We are not prepared. We're not ready. We need to do more.
All of our infrastructure has to be upgraded.
Because they were focused on the Russian hoax.
the question should be was it a ransom or price manipulation as the consequence was a price spike and panic hoarding
Don't pay ransom...but here's where to buy Bitcoin 2017 Bitcoin Demand Drives $1.4B Ransomware Biz In US 2020 Extortion Economy: Shadowy Ransomware Payouts Bitcoin Aids Ransomware Biz
Israel targets int’l press building in Gaza, adding to its war crimes in the Palestinian territories. We condemn this Israeli aggression, which knows no boundaries. HearGaza
Did colonial pipeline allow it to occur?
We are weak with JoJo the clown Biden in charge
Israeli attacks on the Palestinians are against international law and basic morality and must come to an immediate end. We urge the world to take action now to stop the new waves of Israeli aggression. Turkey will continue to stand by the Palestinian people. HearGaza
TRUMP!
The honest answer: We are not the sharpest cats in the kennel. Until you get money out pf politics we will remain a dysfunctional array of fools.
This doesn’t have anything to do with politicians! It’s private industry who do not invest in best, or even good, cyber-sec practices.
For starters, all large corporations, need the best computer security on the planet. This they need to do, no matter the $$ cost.
Because there are no Federal cyber security standards. We have air and water quality standards. We have accounting standards but no standards for cyber security.
Maybe because we have a space force rather than a division dedicated to cyber security?
we had a Russian asset in the White House for 4 years
Simple! Because the Deomcrats are in charge and the United States Of Woke otherwise known as 'We kneel and surrender' is the motto. The world is laughing at this clown s**t show of weakness. Trillions still being wasted on pet projects and Pork packing bulls**t.
The best part is. Regular people don’t know there’s manual valves for all of it. It’s mandatory for fire safety. U think it was really turned off remotely? And couldn’t be turned back on. 😂😂😂😂😂
It's because they're stupid partly because the US is run by all white dinosaurs who are all like 74 years old who don't know how to unlock a smartphone.
Time to get off of fossil fuels
Because we have bad infrastructure
Because. We. Spend. Money. In. The. Wrong. Places.
And why we are so eager to pay ransoms.
Raises OLD questions.
Trump left us defenseless. We need to pass Biden's infrastructure bill to boost security.
Yeah. Why?
I just moved to your city, who wouldn't mind showing me interesting places?
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