Hacker News new | past | comments | ask | show | jobs | submit login

Literally the only reason ransomware is a thing is because of cryptocurrency.

Every oil pipeline, school, hospital, farm, old age home that's ransomed is 100% thanks to Bitcoin and its progeny. But hey, at least it's found a use case.




From: History of Ransomware [1]

> One of the first ransomware attacks ever documented was the AIDS trojan (PC Cyborg Virus) that was released via floppy disk in 1989. Victims needed to send $189 to a P.O. box in Panama to restore access to their systems, even though it was a simple virus that utilized symmetric cryptography.

[1] https://www.crowdstrike.com/cybersecurity-101/ransomware/his...


Yeah it existed before but it was pretty futile; you can’t exactly send millions of dollars in the form of target gift cards by mail.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: