Crypto currency (IF banned from CA)

[bicycleheader]

Guys can you not pull the thread down before I’ve made my millions?

I’m currently up 2 euros on my investment

 

[orly]

Does @Simon Buttle have laser eyes while making his sandwiches?

Yes when he is buying the garlic dip

 

[the sniderman]

hello i have hunger please send butties where is mr simon please??

 

[orly]

hello i have hunger please send butties where is mr simon please??

He wants to talk to the manager but now he cannot because Everton do not have a manager this has left him confused and the bread is now stale.

Oh no.

 

[the sniderman]

—private message — 3rd june 2021
from : @DuuuncanHadaPigeon
to : @the sniderman
topic : nikom court

buddy keep this between us but he is a bit crazy going on about bitcoin when he knows like 2% of what it is all about.
any1 who knows crypto knows it is all about hex but i dont want to ruin the simpletons wolf of wall st fantasies ah ha ha. anyway i have always enjoyed ur posts thing ur pound for pound best on here.

cheers

jonny
——————

mr @DuuuncanHadaPigeon posts no more in this thread since but i want him to know i tried hard not to do this but he left me no choice. i hope no hard feelings buddy the hex rocks!!

 

[BlueandWhite]

Cryptofloppies

 

[LinekersLegs]

Were there not ransomware hackers before crypto?

That shut down major companies with million dollar ransoms, no, not as far as I’m aware.

The Ransomware Problem Is a Bitcoin Problem

The best way to deal with this new era of big-game ransomware will involve not just securing computer systems or prosecuting criminals, but disrupting the one

www.lawfareblog.com

Now, a new threat has emerged—“big-game ransomware.” These operations target companies instead of individuals, in an attempt to extort millions rather than hundreds of dollars at a time. The revenues are large enough that some gangs can even specialize and develop zero-day vulnerabilities for specialized software. Even the cryptocurrency community has noted that ransomware is a Bitcoin problem. Multimillion-dollar ransoms, paid in Bitcoin, now seem to be commonplace.

This strongly suggests that the best way to deal with this new era of big-game ransomware will involve not just securing computer systems (after all, you can’t patch against a zero-day vulnerability) or prosecuting (since Russia clearly doesn’t care to either extradite or prosecute these criminals). It will also require disrupting the one payment channel capable of moving millions at a time outside of money laundering laws: Bitcoin and other cryptocurrencies. Currently, there are various methods that can degrade, disrupt or destroy the cryptocurrency space.

Others may argue that with so much money involved, the bad guys will find another way. I strongly disagree. There are only three existing mechanisms capable of transferring a $5 million ransom—a bank-to-bank transfer, cash or cryptocurrencies. No other mechanisms currently exist that can meet the requirements of transferring millions of dollars at a time.

The ransomware gangs can’t use normal banking. Even the most blatantly corrupt bank would consider processing ransomware payments as an existential risk. My group and I noticed this with the Viagra spammers: The spammers’ banks had a choice to either unbank the bad guys or be cut off from the financial system. The same would apply if ransomware tried to use wire transfers.

Cash is similarly a nonstarter. A $5 million ransom is 110 pounds (50 kilograms) in $100 bills, or two full-weight suitcases. Arranging such a transfer, to an extortionist operating outside the U.S., is clearly infeasible just from a physical standpoint. The ransomware purveyors need transfers that don’t require physical presence and a hundred pounds of stuff.

This means that cryptocurrencies are the only tool left for ransomware purveyors. So, if governments take meaningful action against Bitcoin and other cryptocurrencies, they should be able to disrupt this new ransomware plague and then eradicate it, as was seen with the spam Viagra industry. For in the end, we don’t have a ransomware problem, we have a Bitcoin problem.

 

[LinekersLegs]

 

[LinekersLegs]

NYC’s Subway Operator and Martha’s Vineyard Ferry Latest to Report Cyberattacks

The trend is part of a global criminal pivot from stealing data to hobbling operations via ransomware, where companies are hit with demands for million-dollar payments to regain control of their operating systems.

www.wsj.com

Revelations of cyberattacks on transportation systems in New York and Massachusetts heightened concerns about the threat to U.S. businesses and essential services Wednesday, after hackers held hostage the world’s largest meat processor this week. An attack on JBS SA, the world’s biggest meat company by sales, upended U.S. meat supplies after it caused JBS’s plants to temporarily shut down. JBS said it restarted most of its plants on Wednesday, and that it anticipated operating at close to full capacity Thursday. White House officials said the hacking was likely carried out by a group based in Russia, and the Federal Bureau of Investigation attributed the attack to REvil, a criminal ransomware gang.

On Wednesday, a ransomware attack disrupted ferry services in Massachusetts. New York’s Metropolitan Transportation Authority also revealed Wednesday that it had been hacked in April, although the attack didn’t disrupt operations, including the city’s subway system. In May, the operator of an essential pipeline bringing gasoline to parts of the East Coast paid about $4.4 million to regain control of its operations and restore service. San Diego-based Scripps Health said Tuesday that it is still recovering from a cyberattack it discovered on May 1 that disrupted its patient portal, electronic medical records, radiology and other systems and canceled or delayed appointments at its hospitals and clinics.

Emboldened by recent successes, hackers have shifted their focus away from data-rich companies such as retailers, financial institutions and insurance companies to providers of key public needs such as hospitals, transportation and food. The trend is part of a global criminal pivot from stealing data to hobbling operations via ransomware, where companies are hit with demands for million-dollar payments to regain control of their operating systems.
...
Companies that previously considered themselves to be unlikely targets of data breaches have increasingly found themselves in the crosshairs of ransomware.

Before 2018, hackers considered data-rich companies such as financial services companies, retailers and insurance companies to be prime targets, but they have shifted their focus because of the financial incentive from ransomware payments. Previously, they would seek to make money using data for identity theft, but ransomware provided an opportunity for industrial-scale hacking and payouts that could be made quickly in hard-to-trace cryptocurrency such as bitcoin, security professionals say.

 

[JimmyJeffers]

I think this thread has ran its course for me,iv better things to do with my time,there's plenty of info on bitcoin out there.
#havefunstayingpoor

I must say, I was surprised to find that your username comes from a hotel in the beautiful and ‘culturally fascinating’ city of Pattaya in Thailand
Wouldn’t have connected crypto use to such a place.

 

[Efcjake]

Tbf that's probably the root of all the sniping and unfunny remarks, jealousy!

Nothing to do at all with the lot of you being dead touchy about your Goth Dollars

 

[the sniderman]

@nikom court buddy it is time to invest in thread come on and stop leave ur cryptophile brothers alone in here.

 

[the sniderman]

where is simons butties buddies??

 

[LinekersLegs]

Exclusive: U.S. to give ransomware hacks similar priority as terrorism

The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack and mounting damage caused by cyber criminals, a senior department official told Reuters.

www.reuters.com

 

[LinekersLegs]