If a corporation is unable to pay a ransom then the incentive to do the ransomware attack immediately drops.
Cracking down on perps would be nice, but is not feasible.
What such an idiotic, short sighted policy would do is to encourage corporations to pay the ransom in secret. This only strengthens the hackers because now law enforcement has no idea who is being hit, when, and with what malware.
If paying in secret is a crime, with whistleblower opportunities, then paying in secret is not so easy. Forbidding payments will massively decrease the value of doing the attacks and reduce the number of them.
[1] https://www.aamc.org/news-insights/growing-threat-ransomware...
Right now it's apparently cheaper to pay a ransom than it is to implement sane security and backup procedures. That needs to end.
Yes, security and backup measures are critical and companies SHOULD be scrutinized for those things especially if you deal with mission critical data/information. But that has nothing to do with Ransomware Gangs.
1. Green energy requires too few employees per gigawatt compared to coal 2. It would be irresponsible to pursue a policy of a sharp correction toward affordable housing prices because it would push too many elderly into poverty
The total value of the stock markets didn't seem to suffer from Covid-19. But people have.
Maybe your point is that unrestricted ransomware shouldn't affect GDP? I'm honestly not sure. Doesn't there have to be a limit? Civilization depends on trust. Sometimes there are critical points.
But hey… our society moved on, so you’re right about that: you can definitely live with it.
This sounds reasonable at first, but I think it might be leaning on anthropomorphizing a corporation a little much.
I think of them more as a machine, or a biological cell or microbe.
While it may be a machine optimized for survival, I'm not sure that they all are or that they must be.
An organism can self-destruct if that's what it's programmed to do.
And an organization in theory should be able to maintain processes that result in orderly self-destruction in certain circumstances, where it's appropriate in the wider society.
After all, companies typically go bankrupt rather than devolving into gang warfare, right?
A "humans first" society should not be prioritizing the survival of human created organizations above all else.
The anti-yakuza strategy suggested here probably wouldn't fit as a solution for attacking ransomware.
The perps don't give a shit about what is legal and illegal. They target preys that are vulnerable but have critical functions (e.g. a Hospital network). It is not just about individuals. If a Hospital Network gets attacked and has serious consequences, they won't do a board meeting to discuss "Gee, paying ransomware is illegal. We must say No. ".
I am not advocating that people should just pay but we cannot punish the victims even if the victims were careless (bad security practice etc).
Pretty much the reason wallets are worthless is that if you snag one, all you get are plastic cards that are going to get cancelled in the next minutes/hours.
S3/Azure/Backblaze are really cheap and just work.