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38: Ransom Laundering: Can We Ban Crypto?

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Manage episode 295063252 series 2804130
Content provided by Immersive Labs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Immersive Labs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The topic of the day is cryptocurrency – and whether banning it could help fight ransomware.

We know that criminal gangs (OCGs for all those Line of Duty fans out there) are big fans of crypto for their nefarious deeds, so the issue goes much further than ransomware. Even so, a ban on crypto wouldn't stop ransomware – it would just be a bump in the road for the operators. After all, ransomware has been around since long before crypto came on the scene. Maybe gift cards would make a comeback!

The team also delves into Nobelium, the group behind the SUNBURST attacks in Solarwind. Kev gets his tech head on to give us the full low down on this sophisticated threat actor.

***

https://newrepublic.com/article/162589/ban-bitcoin-cryptocurrencies-stop-hacker-ransomware

https://www.microsoft.com/security/blog/2021/05/27/new-sophisticated-email-based-attack-from-nobelium/

  continue reading

47 episodes

Artwork
iconShare
 
Manage episode 295063252 series 2804130
Content provided by Immersive Labs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Immersive Labs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The topic of the day is cryptocurrency – and whether banning it could help fight ransomware.

We know that criminal gangs (OCGs for all those Line of Duty fans out there) are big fans of crypto for their nefarious deeds, so the issue goes much further than ransomware. Even so, a ban on crypto wouldn't stop ransomware – it would just be a bump in the road for the operators. After all, ransomware has been around since long before crypto came on the scene. Maybe gift cards would make a comeback!

The team also delves into Nobelium, the group behind the SUNBURST attacks in Solarwind. Kev gets his tech head on to give us the full low down on this sophisticated threat actor.

***

https://newrepublic.com/article/162589/ban-bitcoin-cryptocurrencies-stop-hacker-ransomware

https://www.microsoft.com/security/blog/2021/05/27/new-sophisticated-email-based-attack-from-nobelium/

  continue reading

47 episodes

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