Jack Cable, Stanford student and cyber whiz, aims to crowdsource ransomware details
Ransomware has never been more of a national security concern after a string of hacks against the fuel supplier Colonial Pipeline, meat giant JBS and perhaps thousands of others compromised after breach at a large IT firm. Few people, if any, seem to grasp the breadth and cost of the scourge, as there are no legal requirements for victims to disclose when they pay hackers to unlock their network. That, combined with the suspicious that most victims don’t, report their digital extortion payments, makes it harder for law enforcement and security firms to combat attacks, or even understand how to fight them. That’s the impetus behind a project that Stanford University student and security researcher Jack Cable launched on Thursday, dubbed “Ransomwhere,” a plan to track payments to bitcoin addresses associated with known ransomware gangs. “Having public transparency around the impact of ransomware, especially as we’re proposing and considering different […]
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