Crypto

Should hackers be prohibited from paying ransom? – BBC News Africa

The cybercrime wave wreaking havoc around the world is again prompting calls for governments to ban ransom hackers.

Every day, hackers take computer systems hostage and demand large payments from victims to restore order.

The CEO of Colonial Pipeline admits that his company paid hackers nearly $ 4.5 million last week after their attack forced the company to stop transporting fuel.

But research by bitcoin analyst Elliptic suggests it’s just a drop in the ocean.

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