Welcome to the FUTURE: US cops pay Bitcoin ransom to end office hostage drama

dan at geer.org dan at geer.org
Thu Apr 16 14:24:50 PDT 2015


 > Which shows the "sophistication" (or lack of) of this fraud
 > operation and makes me wonder why the penmens at TheReg would even
 > publish this tidbit: $300 ransom targeting a police department?

It's been shown more than once that total take in an online
extortion scheme is increased if the demanded price is modest.
Call it the Laffer Curve of cybercrime...

--dan




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