THELOGICALINDIAN - Look we accept to nip this anecdotal in the bud The New Republic afresh appear a hit allotment on cryptocurrencies It relates them to Ransomware Attacks references the DarkSide adventure and claims Its never been easier to drudge a aggregation get paid for it and escape scotfree Is it admitting What they calmly larboard out was that a brace of canicule afterwards the Colonial Pipeline drudge bearding authorities bedeviled DarkSides funds and dismantled their accomplished operation
That blank absolutely invalidates The New Republic’s accomplished article, but let’s accumulate reading. A few paragraphs later, the columnist says: “there’s alone one bright way to stop these more annihilative ransomware attacks: ban cryptocurrencies.” Oh yeah, what a atypical idea. And, absolutely how are the authorities activity to achieve that? The commodity doesn’t go that far. It stays in fantasyland until the end.
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Are Ransomware Attacks Always Successful?
For the account of argument, let’s pretend that cryptocurrencies are banneable and accumulate reading. After answer how a ransomware advance works, the columnist says:
That didn’t assignment that able-bodied for DarkSide, did it? And booty into annual that we’re talking about top-of-the-line cybercriminals with ample assets at their disposal. Bitcoinist already told you the story:
The blockchain is actually an adamantine “payment trail.” The greatest balance that has anytime existed. 
Are Cryptocurrencies Useless?
If you anticipate the commodity has been backbiting so far, delay until you apprehend this. The columnist admits that is “undoubtedly true” that “fiat money, like the dollar, is acclimated for abomination and bribery all the time.” And again gives us this gem:
Wow. The aboriginal allotment of the adduce is such a bald-faced lie that it’s not account discussing. New and absurd applied uses for cryptocurrencies accumulate actualization every day. Let’s focus on the additional part. Those “off-the-books banking transactions” are always registered in a accessible ledger. Each one. And no one can anytime abolish or adapt them. How is that off-the-books?
After that, of course, the columnist goes into the already debunked crypto-wastes-energy debate. In any case, does the columnist of this allotment alike apperceive that ransomware software comes from the NSA vaults? He would accept a acreage day with that. He should apparently apprehend Bitcoinist, as we reported:
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A Solution To Ransomware Attacks
That aforementioned commodity proposes a alive band-aid to the botheration at hand:
The New Republic’s solution? A utopic and unenforceable ban:
The columnist is amusing in his madness, let’s accord him that. He’s additionally alarmingly apprenticed about cryptocurrencies. What he doesn’t assume to be is a fan of claimed responsibility. Is the cybersecurity aggregation at those ransomware-attacked organizations not partially to accusation here? Where there aegis tests commonly ran? Why are their systems so fragile?
An bond Internet aphorism says: If article can be hacked, it should be. Preferably eventually than later. That is the alone way to body added airy software. To accelerate the process, tech companies developed bug compensation accolade programs. Run one of those and white hat hackers from all over the apple will analysis your systems and acquisition accessible exploits.
Where the attacked companies application all of these techniques? Probably not.
Is that cryptocurrencies’ fault? No. It is not.
