But it would be funny if banks started encrypting my files and demanding ransom.
But it would be funny if banks started encrypting my files and demanding ransom.
Not your ability to keep your Ledger safe under your birdbath.
They're making a jab at a large usage of cryptocurrency: payment for ransomware exploits
As banking transactions can be reversed and are as opposite of anonymous as is practically possible, it would be (darkly) amusing if a traditional bank did that, precisely because the damage would be undone and the guilty parties trivially identified.
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.
> 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...