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TolunaTeamEN

  12 months ago

Should governments prohibit ransom payments to cybercriminals?
Closed

As cybercrime is at all-time high levels across the world, many are calling for governments to forbid making ransom payments to hackers. So-called ransomware-cyber criminals hold important computer systems hostage on a daily basis, and in order to restore order and ownership, they demand large payments from their victims.

One group of hackers, DarkSide, is reported to have made at least $90m (£63m/€74m) since August 2020, according to Bitcoin records. Not to mention, the CEO of Colonial Pipeline, the United States' largest pipeline system for refined oil products, admitted to paying almost $4.5m last week after an attack forced the firm to halt its fuel transportation.

On the other hand, Bitcoin analysts stress that these occurrences and figures are "just a drop in the ocean," with many other prolific online gangs making huge profits from their victims - ranging from tech companies, educational establishments, governments to healthcare systems.

But, with no legal rules governing the Internet in its entirety since it's not actually owned by anyone and is a public commodity - what recourse do leaders have against a rising problem? The hackers work anonymously, thus making them hard to track down and usually live in countries that are unwilling to arrest them.

Law enforcement agencies urge victims not to pay such ransoms in the hope it would discourage the crime if its profit-driven motivation no longer succeeded, but, paying the ransom is not illegal and many organisations choose to do so in private - to protect their company.

The question remains, what are these large multi-million ransoms funding - child exploitation? Human trafficking? Terrorism?

What do you think could be done to end this problem? Would banning ransom payments altogether work as intended or create even more undesired effects?

Do companies paying such sums behind closed doors reinforce the behaviour of hacking?

Are you worried about the protection of your data or national services due to the spike in such cybercrimes?

Let us know your thoughts in the comments!

Influence your world,
Toluna Team
Reply

Jamesdempsey701

  11 months ago
Yes
0 comments

Cikaba

  11 months ago
Absolutely. No payments. Has paying ransom solved any problems?
0 comments

www.okolienabby1994

  11 months ago
Nice one
0 comments

kirsty.74

  11 months ago
Should never pay out ransom monies. We should instead have cyber crime/fraud departments dealing with these types of scum
0 comments

samantha22081

  11 months ago
I think it’s a no brainier so yes it should be made illegal. But the problem comes when you have a demand for money in front of you and you know it’s illegal to pay it but it’s either that or whatever they’re threatening you with, be it exposing your internet information, passwords and emails or whatever.
These people make so much money because they know who to target. Often it’s very planned out who they target and that’s how they get the amount of money they do. It’s wrong. Very wrong. But I’m not sure making it illegal to pay a ransom is going to stop this happening.
0 comments

C6780852

  11 months ago
I think there should be a dedicated fraud squad to monitor online activity and no one should pay a ransom to these crminals as it just encourages to keep coming back for more.
0 comments

andyphillips33

  11 months ago
Don't give in to ransoms , ever
0 comments

dave_magnette

  11 months ago
No ransom payments when paid only encourage more ransom demands from others and the situation will get worse.
0 comments

m.samuels69

  11 months ago
I have to say it is mixed as if you don’t pay ? The problems they can do like the problem with the oil being hacked and exploited and the awful things human trafficking etc but what do you do
0 comments

madone58

  11 months ago
People should not be given money when they do this, it just encourages them to do it again
0 comments
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