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Maryland wanting to pass a ransomware bill making it illegal, thoughts? from blog The Technology blog and podcast

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Maryland wanting to pass a ransomware bill making it illegal, thoughts?

According to an article I found on twitter that leads to a site called bitcoinist, the article within this article is talking about Maryland and the attempt to make the ransomware holding a crime. The article is entitled MARYLAND INTRODUCES BILL TO MAKE RANSOMWARE POSSESSION ILLEGAL and I’m not sure how successful this is.

We must remember that the actors who may be releasing the attacks may be outside the United States. If this is the case, this is going to be a big problem, because some places outside the United States don’t turnn over the purps, even though it will then be illegal if they infect the state’s computers.

Lots of numbers stand out at me, and I don’t want to single anything out by stressing that Ransomware payments are on the rise, and while there may be a low percentage who don’t get their data, most do, and that in itself makes it a great business model.

The Criminal s or purps in these cases want to do good business, you pay, they deliver. Some may be gredy, but some do the business model well.

I’m curious on your thoughts on this one, and we’ll be in touch.


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Maryland wanting to pass a ransomware bill making it illegal, thoughts? was released on January 31, 2020 at 7:00 pm by tech in article commentary.
Last modified: January 31, 2020.


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