this post was submitted on 12 May 2025
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Cybersecurity

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[–] x00z@lemmy.world 1 points 2 months ago (1 children)

Well but their money should be accountable somewhere. You'd have to commit fraud to hide it.

[–] untakenusername@sh.itjust.works 2 points 2 months ago (1 children)

what I'm imagining is that the attackers could make their wallet address public, and tell the company that they would fix everything or whatever if a sum of money magically appeared in their account. If the owner of the company privately held some crypto, they could pay them off the books and go around the law you were proposing.

[–] x00z@lemmy.world 1 points 2 months ago

I feel you but it would be very suspicious for the CEO to magically find the correct decryption key when the whole company is offline. The more employees you have the harder it will be to do it silently. Plus it would stop most companies from doing so. So the few that would still do it are just dumb. Some countries already have this law afaik.